Funding for RD&I relevant to Carbon Dioxide Removal (CDR) in the European Union and United States from 2020 to 2023, and estimated future requirements
(in billion euros)
Characteristic
Current spend
Funding needs (low range)
Funding needs (high range)
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Between 2020 and 2023, the European Union spent *** million euros directly supporting research and development (RD&I) across carbon dioxide removal (CDR) methods. This is significantly less than the *** billion euros the United States spent. It is estimated that the EU will need to contribute between *** and *** billion euros over the next 15 to 20 years, based on global funding needs.
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Carbon Gap. (February 24, 2025). Funding for RD&I relevant to Carbon Dioxide Removal (CDR) in the European Union and United States from 2020 to 2023, and estimated future requirements (in billion euros) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 24, 2026, from /statistics/1489014/us-and-eu-carbon-removal-funding/
Carbon Gap. "Funding for RD&I relevant to Carbon Dioxide Removal (CDR) in the European Union and United States from 2020 to 2023, and estimated future requirements (in billion euros)." Chart. February 24, 2025. ÌÇÐÄÆÆ½â°æ. Accessed July 24, 2026. /statistics/1489014/us-and-eu-carbon-removal-funding/
Carbon Gap. (2025). Funding for RD&I relevant to Carbon Dioxide Removal (CDR) in the European Union and United States from 2020 to 2023, and estimated future requirements (in billion euros). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 24, 2026. /statistics/1489014/us-and-eu-carbon-removal-funding/
Carbon Gap. "Funding for Rd&i Relevant to Carbon Dioxide Removal (Cdr) in The European Union and United States from 2020 to 2023, and Estimated Future Requirements (in Billion Euros)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 24 Feb 2025, /statistics/1489014/us-and-eu-carbon-removal-funding/
Carbon Gap, Funding for RD&I relevant to Carbon Dioxide Removal (CDR) in the European Union and United States from 2020 to 2023, and estimated future requirements (in billion euros) ÌÇÐÄÆÆ½â°æ, /statistics/1489014/us-and-eu-carbon-removal-funding/ (last visited July 24, 2026)
Funding for RD&I relevant to Carbon Dioxide Removal (CDR) in the European Union and United States from 2020 to 2023, and estimated future requirements (in billion euros) [Graph], Carbon Gap, February 24, 2025. [Online]. Available: /statistics/1489014/us-and-eu-carbon-removal-funding/