ΔE 20.1, loose: different enough that you should pick on purpose. Light Emerald is noticeably lighter, more saturated, cooler than Cobalt Green.
Not as a straight swap; see the closer alternatives below. Loose match (ΔE 20). Light Emerald is noticeably lighter, more saturated, cooler than Cobalt Green.
The same difference applies the other way round: Cobalt Green is noticeably darker, more muted, warmer.
ΔE is the colour difference between our two swatch estimates: under about 6 is close, over about 15 is loose. Real paints also differ in finish, coverage and how they thin, so test before you commit.
See Cobalt Green on the colour wheel See Light Emerald on the colour wheel
All matches: Cobalt Green equivalents · Light Emerald equivalents