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IN
            8 | THE CORAL CHALLENGE
                                                                SIGHT


                                                              “Our company is proud to partner
                                                              with the prestigious Monaco Scientific
                                                              Centre, and to work closely with Monaco
                                                              on the issue of sustainable development”,
                                                              Frédéric Grangié, President of Watches
                                                              and Jewellery at CHANEL







                                                             Professor Denis Allemand and Dr Françoise Gaill,
                                                             as well as Frédéric Grangié, President of Watches
                                                             and Jewellery at Chanel.
                                                             © Michaël Alesi



            RED CORAL
            Research continues




            on precious coral biology





            CHANEL and the Monaco Scientific Centre are continuing to work together

            for a better understanding of red coral in the Mediterranean.



            Eighteen months after CHANEL and the Monaco   RESEARCH FOCUSED ON
            Scientific Centre signed an agreement on the creation   PROTECTION
            of a research unit on precious coral biology, members
            of the second steering committee met during Mona-  Overexploited for many years, red coral is a natural
            co Ocean Week on 23 March 2021, led by H.R.H. the   Mediterranean treasure which must be protected.
            Princess of Hanover.                         The Mediterranean red coral fishery is a regulated in-
                                                         dustry, carried out by certified coral fishermen (350
            At the end of the day, a press conference presented   in total) wearing a diving suit at 80 to 150 metres. A
            the purpose of this partnership agreement, to deve-  minimum size is required, and some countries have
            lop basic research programmes on Mediterranean   set quotas. However, in order to address the scarcity
            red coral. Launched in 2019 for a 6-year period, this   of this resource, we urgently need to develop new
            scientific programme seeks to better understand the   management methods and alternatives, like coral far-
            growth and colour mechanisms of this endemic co-  ming, allowing the jewellery sector to use red coral
            ral, and to study innovative solutions likely to promote   without  exhausting  natural  stocks.  The  partnership
            its conservation. Passionate about protecting our   between the Monaco Scientific Centre and CHANEL
            oceans, CHANEL thus consolidates its commitment   is aligned with this approach, given that there is a
            alongside top scientific experts on corals.  lack of information on the biology of precious coral
                                                         in general, and red coral in particular. The research
                                                         unit on precious coral biology aims to address these
                                                         shortcomings,  notably  through  careful  studying  of
                                                         the biological process of biomineralisation, for which
                                                         the researchers at the Monaco Scientific Centre are
                                                         amongst the world’s leading specialists.
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