Preheat the oven to 350 degrees F.
Toss sliced peaches with coconut emulsion, sugar, vanilla, and cornflour.
Pour the peach mixture into a baking tray.
Set aside until ready to make the topping.
To prepare the coconut cobbler, combine flour, shredded coconut, sugar, salt, and baking powder in a mixing bowl.
Combine butter and flour to form a crumbly mixture.
Combine coconut milk, emulsion, and vanilla.
Stir all ingredients until they clump.
Add it to the tossed peaches.
Place the baking tray in the oven and cook for 40-50 minutes.