In dynamic global vegetation models (DGVMs), the role of functional diversity in forage supply and soil organic carbon storage of grasslands is not explicitly taken into account. We introduced functional diversity into the Lund Potsdam Jena managed Land (LPJmL) DGVM using CSR theory. The new model reproduced well-known trade-offs between plant traits and can be used to quantify the role of functional diversity in climate change mitigation using different functional diversity scenarios.