We are excited to announce that Boomitra has secured an equity investment from the Global Innovation Fund (GIF), which supports innovative solutions for sustainable development. This investment will enable us to further our mission to scale our carbon removal projects and promote regenerative agriculture across the Global South.

About the Global Innovation Fund

The Global Innovation Fund (GIF) is a unique social impact investment fund backed by capital from governments, private sector foundations, and philanthropists. GIF seeks out innovations that have a measurable impact on the lives of those living on less than $5 per day. The investment in Boomitra is the latest from their Innovating for Climate Resilience sub-fund, launched in partnership with the Adaptation Research Alliance and the Global Resilience Partnership. This sub-fund is supported by seed funding from the UK’s Foreign, Commonwealth, and Development Office, with additional funding from Sida.

Building climate resilience

At Boomitra, we are committed to transforming degraded agricultural land into thriving ecosystems. Currently, over half of the world’s agricultural land is degraded, leading to reduced crop yields and increased vulnerability to climate change. Many smallholder farmers, particularly in the Global South, still rely on the kinds of conventional practices that have depleted soil health, like chemical fertilizers and pesticides.

Expanding our global footprint

This year, we’ve been expanding our footprint into new geographies. In Mongolia, we are developing one of the world’s largest soil carbon compliance projects with Mitsubishi Corporation and the Mongolian government to help herders restore and manage their lands. In Colombia, we’ve partnered with Alqueríde, a leading dairy company and Colombia’s largest certified B Corp company, on a grasslands carbon project aimed at improving the livelihoods of dairy farmers. Now we are extending our efforts into Brazil, Botswana, and regions across Central and Southern Mexico, where we’re launching a variety of new carbon projects to further our impact.

Deepening engagement with smallholder farmers

This investment from GIF will allow us to deepen our engagement with smallholder farmers across these areas, expanding our reach and impact in the Global South. By enabling farmers to improve soil health, boost crop yields, and generate income from carbon credits, we are enhancing their resilience to climate shocks and contributing to global climate mitigation efforts.

Together, we are building a more sustainable future—one that benefits both people and the planet.

Shelley Northrop

VP, Marketing