---
title: EU allocates €30m for carbon removal projects
description: The EU has allocated €30m ($32m) to support innovative carbon removal technologies. The funding initiative is part of the EU's broader strategy to combat climate change by developing and implementing
---

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# EU allocates €30m for carbon removal projects

The EU has allocated €30m ($32m) to support innovative carbon removal technologies. The funding initiative is part of the EU's broader strategy to combat climate change by developing and implementing technologies capable of effectively removing carbon dioxide from the atmosphere. The investment aims to accelerate the advancement of carbon removal solutions, contributing to the EU's ambitious goals for achieving climate neutrality. ([Carbon Herald)](https://urldefense.proofpoint.com/v2/url?u=https-3A__cKf4804.na1.hubspotlinks.com_Ctc_OP-2B113_cKf4804_VVLT-5Fn2-5F9-2DVHW6shR403NxMtRW6klx535ddzBGN7vvr1d3qn9gW8wLKSR6lZ3mnW2HjDDF3YGz5GVD7L79961LJFW1-2DXjhy4trB6PW1FhYpW1gJdKJW7QG8rd6Wpq5DN3l3RjQYP6fcW2GpY2441KrYJW8fxwJg82ZlLdW4qczBc394XxRVtjDmV3-2Dnjk-5FN8WFW80DCbgdW9b4hMt7lH9BMW1-2D5dlq8nh3TqW1318kV8Y2bZtW3x6Q3F8fpq89W22zMlX13m9bFVsX9S47X2m7ZW1mt27P2v0t8sN4Mgsl4xqcWWVcWkCx3XV-2DY5W1Ddx7-5F4slpJdW3vpxb62jQ8nZW7ClhGC76NkysW8-2DHKz04KcHksW8dby9n5yPY8-5FW5xdwwT5G6JlvW4JpD2N1-5FZxDyW8s0-5F754bK-5FbBf5Zmyl804&d=DwMFaQ&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=jcTIyjuqHtSwmRh1pbYpHWtc9UBeckblpE3uGrLkBHw&m=4y19IruoE20NHHF6k6oanntfQ3LVMJaXYef5hj8MtMGyHYMzGxHQ4fueBgEuE6zm&s=3Mx5nvZ8T8qyIRAkIpNhL5o4dx9w8J2QWqtvBMB-6aQ&e=)

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