The International Union for Conservation of Nature has completed the most comprehensive coral reef risk assessment to date, analysing 127 reef regions across more than 80 countries. The headline finding: 96% of shallow-water coral reefs face ecosystem collapse before 2075 under a middle-of-the-road emissions pathway of 2.7°C warming by century's end. Current global climate policies track to approximately 2.6°C according to Climate Action Tracker — meaning the scenario is not worst-case but baseline expectation. The numbers move fast once you add climate. Only 24% of reef eco-regions are currently classified as critically endangered based on existing stressors — overfishing, pollution, coastal development. But projected heating turns that 24% into 96%. All 17 of Australia's reef regions, including the Great Barrier Reef, shift to critically endangered once warming is accounted for. The western Galápagos reefs have already collapsed entirely and were excluded from the analysis. Four additional regions lacked sufficient data to assess. The assessment did not fully incorporate the fourth global mass bleaching event that ran from early 2023 to mid-2025 — confirmed by NOAA's Coral Reef Watch as the most widespread mass bleaching event on record. That event was bookended by the worst bleaching in Western Australia's history, with a marine heatwave killing corals across 1,500 km. The IUCN's numbers, in other words, likely understate reality. Coral reefs are not an aesthetic luxury. A quarter of all known marine species depend on them. They provide food security for hundreds of millions of people, protect coastlines from storm surge, and underpin tourism economies across the tropics. The IUCN defines collapse as the point where a reef cannot maintain itself due to near-total loss of living reef-building corals. At 96% critically endangered, the assessment describes not a degradation but a potential civilisational loss of marine infrastructure. The extraction chain is atmospheric but traceable. Fossil fuel combustion raises ocean temperatures. Marine heatwaves cause corals to expel symbiotic algae — bleaching them, weakening them, and making them susceptible to disease. The costs are borne by coastal communities, fishing economies, and biodiversity, while the value of continued fossil fuel extraction accrues to producers and consumers of cheap energy in wealthier nations. Ben Fitzpatrick of the University of Western Australia described the dynamic plainly: even accounting for coral adaptation to warmer water, rising heat "overwhelmed everything." The scientists framed the findings as a "wake-up call, not a death sentence." IUCN Director General Grethel Aguilar called for ambitious emissions reductions, stronger marine protection, restoration investment, and sustained support for coastal communities. The implied policy logic is that every fraction of a degree matters — reefs surviving at 1.5°C face very different odds than reefs at 2.7°C. The gap between those numbers is the space where policy either acts or doesn't. The 2075 timeline deserves attention. It is not a distant abstraction — it is within the lifetime of people alive today, within the planning horizon of infrastructure investment, within the career span of anyone entering the workforce now. If 96% of coral reefs collapse, the cascading effects on marine food webs, coastal protection, and tropical economies will be irreversible on any human timescale. The question is not whether the science is settled. It is whether the political and economic systems that produce emissions can respond at a speed that matters.