Netflix Leverages Fungi for Carbon Credits, Boosting Biodiversity

Forbes reports that Netflix is acquiring carbon credits from Funga, a startup employing fungi to sequester carbon in forest soil and enhance biodiversity. This initiative positions Netflix as a corporate buyer endorsing an innovative cleantech solution for carbon offsetting that delivers tangible ecological advantages. This partnership underscores a burgeoning corporate trend toward exploring nature-based carbon removal strategies that extend beyond conventional offsets. By purchasing credits from Funga, Netflix is investing in a novel approach that directly supports forest soil health and biodiversity restoration, signifying a more comprehensive commitment to corporate sustainability.