The COP28 climate summit in Dubai brought together governments, businesses, academia, civil society groups, and we were there.
As a local startup, it was fascinating for Coral to witness global leaders across sectors sitting down and make progress on momentous agreements like the landmark deal on loss and damage funding.
Beyond the political negotiations, COP28 creates space for meaningful conversations and partnerships. We expanded our network through meetings with potential partners and customers. Our own invite-only event provided a valuable team experience as we demonstrated our carbon management platform. Attendees could see how our new footprint calculator can provide instant insights into their climate impact.
While COP28 outcomes left room for improvement on key issues like adaptation support, we believe the ability to unite countries on a neutral platform is invaluable. The resulting pacts will inform policymaking and investments for years. Agreements may appear incremental, but they set force-multiplying change into motion. We think the same applies to our own domain, offsetting, which can multiply the efforts of every stakeholder.
Coral left COP28 energized by a sense of collective responsibility. As UN Secretary General Guterres summarized,
"The world has come together to forge a pact for climate solidarity."
We made connections at COP28 that we expect will help us scale our solution to empower broader climate action. Through transparency and proof, we think carbon markets can be a force for good. There is lots of scope for action – let’s get to work!