16/02/2024 (Agence Europe) – On Tuesday 13 February, the European Climate, Infrastructure and Environment Executive Agency (CINEA) launched a new digital tool to visualise the EU’s commitments in the carbon capture, utilisation and storage (CCUS) sector. Since 2018, the EU has allocated €2.3 billion to 84 CCUS projects, involving 534 beneficiaries in 42 countries. This initiative is also in line with the European Commission’s strategy for industrial carbon management (see EUROPE 13344/2). According to the EU’s climate objectives, there are plans to capture 50 million tonnes (Mt) of CO2 annually by 2030, potentially reaching 450 Mt by 2050. This new tool aims to provide greater transparency on the distribution of EU funding and the impact of CCUS projects, as part of the EU’s ongoing efforts to address climate challenges. The tool: https://aeur.eu/f/aw9 (NP)