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In a nutshell

Funga utilizes the forest fungal microbiome to boost forestry health and combat climate change, enriching microbial diversity. They introduce a diverse range of fungi and microbes into degraded areas, promoting quicker tree growth, increased carbon storage, and the development of robust, biodiverse forests.

DIF II

Investment Vehicle

U.S
30.2672° N, 97.7431° W

Headquarters

(13) Climate Action, (15) Life on Land

SDG's

n/a

Global Locations

KPI's

 *To be measured

Seedlings inoculated

Acres
managed

Tons of CO2 removal potential created

Carbon
credits sold

Number of Land Partners with First Access to Carbon Markets

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Positive Notes

In 2024, Funga tripled the number of acres planted with its inoculated seedlings, now expanding to 20 land partners in the southeastern US focused on restoring forest microbiomes. They aim for an even bigger leap in 2025, intending to plant on five times the acreage of 2024. One sign of early success was finding a two-year-old tree in one of their plots that had grown to 10 feet—double the usual height for that age. Funga also partnered with PRT-IFCO, North America's largest forest seedling provider, to scale forest biodiversity restoration.

Climate change discussions often focus too narrowly on carbon emissions, overlooking other critical challenges like biodiversity loss. This "carbon tunnel vision" can lead to unintended consequences, such as afforestation projects that reduce species diversity. Protecting biodiversity, both above and below ground, is crucial to maintaining long-term ecological balance.

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