Founded in 2011 and coordinated by Bioversity International, it has over 100 individual members representing various banana research institutes and organizations.

The mission of MusaNet is "To build upon existing strengths in the global, regional and national collections by bringing people to optimize the effort to conserve, add value and promote the use and safe distribution of a wide range of Musa genetic diversity as a foundation for further breeding or direct use by farmers."

Also present in the Expert Committee are representatives of the four regional banana networks - BAPNET (Asia and the Pacific), BARNESA (Eastern and Southern Africa), Innovate Plantain (Western and Central Africa) and MUSALAC (Latin America and the Caribbean), which geographically cover all the banana producing countries.

Members are active in banana genetic resources-related research with a commitment to fruitful collaboration and knowledge exchange.

The majority of the collections are supported by national funding to conserve banana diversity and conduct related research.