This color palette is composed of a light blue, a bright red, a deep navy blue, and a dark green. The light blue is a soft, muted shade that provides a calming, tranquil feel. The bright red is a vibrant, energetic hue that adds a bold pop of color. The deep navy blue is a rich, saturated shade that adds depth and sophistication. The dark green is a bold, earthy tone that grounds the palette and adds a touch of nature. Overall, this color palette is perfect for creating a modern, stylish look.