The EU goal to achieve climate neutrality by 2050 relies, among other measures, on the investments in industrial carbon management technologies (ICM), which include carbon dioxide capture, utilisation and storage (CCUS).
Supporting this end, since 2018, the European Climate, Infrastructure and Environment Executive Agency (CINEA) has built up a portfolio of 84 projects covering EUR 2.3 billion of EU contribution in a form of grants and involving 534 beneficiaries from 42 countries across the CCUS value chain. These projects are funded by three EU programmes: the Connecting Europe Facility for Energy (CEF Energy), the Innovation Fund (IF) and the Horizon Europe (Climate and Energy).
In order to illustrate the joint EU support to the industrial carbon management and synergies between the programmes that CINEA manages, the Agency has launched a new digital tool that allows viewers to interactively discover how the EU funding is distributed across the CCUS sector, what projects have received support and how these projects contribute to drive the European clean-tech innovation in the sector, to implement climate friendly solutions and to improve the environment and the life of EU citizens.
Further information can be found here. Check out the tool here.
