Coniophora olivacea

Coniophora olivacea, also known as olive duster is a species of corticoid fungus in the family Coniophoraceae, first described by Elias Magnus Fries and given its current name by Petter Adolf Karsten.

Distribution and habitat
It appears in all continents axcept Antarctic, most often in Europe. It usually grows on conipher wood (e.g. Picea abies, Pinus sylvestris), but sometimes also on hardwood.