Coral Vita

Description

Coral Vita is a company that works on restoring coral reefs by growing resilient corals and transplanting them to degraded reefs. They operate commercial land-based coral farms, using microfragmentation techniques to cultivate a diverse range of coral fragments which accelerates coral growth up to 50 times faster than natural rates and and assisted evolution, which trains corals to be resistant to the effects of climate change such as ocean acidification. Along with cultivatation of coral, Coral Vita also partners with local communities, eco-tourism operators, corporations, foundations, governments, mitigation banking, and other restoration organizations to design and accelerate projects supporting the restoration of vital marine ecosystems.

What Makes it Regenerative?

• enables access & participation
• supports ecosystem remediation
• helps inspire
• helps localize

Business Model

Hybrid business model, directly selling Restoration as a Service (growing expertise) and Coral products to organizations as well as Eco Tourism, in which their farms serve as tourist destinations and people can adopt corals with a certificate of ownership. They may also engage in partnerships with local organizations and large brands, to reinvest profits back into coral restoration efforts and promote restoration campaigns.

Risks & Limitations

• Scaling coral production
• Maintaining genetic diversity
• Outplanting success rates
• Disease introduction
• Unknown long-term impact dependence on external funding