Arbor Day Foundation Launches Impact Fund to Boost Climate Innovation and Tree Solutions


07/26/2024


The Arbor Day Foundation has unveiled a new investment initiative aimed at supporting startups focused on environmental innovation and climate solutions. The Arbor Day Impact Fund will support advancements that are in line with the Foundation’s goal of promoting tree planting, nurturing, and celebration.
 
“Tree planting has progressed significantly in recent years, becoming increasingly grounded in scientific research and data. Looking ahead, we anticipate that technological innovations will further expand what we can achieve for the planet through trees,” stated Dan Lambe, CEO of the Arbor Day Foundation. “As the world’s largest membership-based tree planting nonprofit, it is crucial for us to remain at the forefront of driving meaningful progress in this field.”
 
The Arbor Day Impact Fund, overseen by a team of trusted advisors, will strategically invest in leaders and startups with solutions that have the potential to enhance the pace, scale, and quality of work aligned with the Foundation’s mission. This could involve areas such as land use management, climate and earth data, forest carbon technologies, and other related fields.
 
Pete Davis, Managing Director, will spearhead the initiative. With over 20 years of experience in advancing financial and climate technology through nonprofit, startup, and venture-backed organizations, Davis brings a wealth of expertise. He previously served as CEO of GreenPrint, an environmental technology company, and led its sale and transition to PDI Technologies. Davis is also an advisor for Endeavor, a global organization dedicated to supporting high-impact entrepreneurs.

“One of our primary goals is to spur innovation and help our portfolio companies grow by connecting them to the Foundation’s global network of tree planters for integration,” Davis said. “This is an exciting opportunity for us to ignite positive change in forestry and ensure the impact ripples out across the world.”
 
Click here to know more if you are interested in receiving funding from the Arbor Day Impact Fund.