- Legislation/Regulation: Innovation Fund and Connecting Europe Facility
- Date: Ongoing, latest rounds in 2023 and 2024
- Summary: The Innovation Fund supports CCUS projects with around USD 1.5 billion allocated, while the Connecting Europe Facility provides over USD 500 million for CO2 transport and storage projects. These funds are aimed at promoting innovation and infrastructure development in CCUS.
- Link: European Commission Climate Action
- Innovation Fund and Connecting Europe Facility: https://climate.ec.europa.eu/eu-action/funding-climate-action/innovation-fund_en
