The gap between EU carbon capture and storage ambitions and available funding

Analysis by Carbon Limits for Clean Air Task Force estimates a cumulative €10 billion funding gap by 2030 for announced carbon capture and storage projects in Europe, representing non-recoverable costs after accounting for EU Emissions Trading System savings and existing funding. While the EU's Innovation Fund is the primary contributor, the document argues that further public support at the EU and national levels—similar to the Netherlands' SDE++ programme, which awarded up to €2.1 billion in 2021—is essential to cover first-mover costs and establish CO2 transport and storage infrastructure.

• Announced carbon capture and storage projects in Europe face a cumulative funding gap of €10 billion by 2030, which consists of non-recoverable costs for developers after considering existing funding and EU Emissions Trading System (ETS) savings.

APA

Clean Air Task Force (2022). The gap between EU carbon capture and storage ambitions and available funding. https://www.catf.us/resource/the-gap-between-eu-carbon-capture-and-storage-ambitions-and-available-funding/

Chicago

Clean Air Task Force. The gap between EU carbon capture and storage ambitions and available funding. 2022. https://www.catf.us/resource/the-gap-between-eu-carbon-capture-and-storage-ambitions-and-available-funding/.

Wikipedia

{{cite report |author=Clean Air Task Force |title=The gap between EU carbon capture and storage ambitions and available funding |date=11 January 2022 |url=https://www.catf.us/resource/the-gap-between-eu-carbon-capture-and-storage-ambitions-and-available-funding/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{cleanairtaskforce2022gap, author = {{Clean Air Task Force}}, title = {{The gap between EU carbon capture and storage ambitions and available funding}}, institution = {Clean Air Task Force}, year = {2022}, month = jan, url = {https://www.catf.us/resource/the-gap-between-eu-carbon-capture-and-storage-ambitions-and-available-funding/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }