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🔥 🇩🇪 BREAKING: German government earmarks almost half a billion euros for carbon removals 🇩🇪🔥


💶 Momentum has been building for months in Europe's biggest economy. Today, another major breakthrough: money on the table!


The details:

1️⃣ €111m for CDR in 2026, of which €98m for projects, €11.5m for direct public procurement, and €2m for administrative costs.

2️⃣ €320m for CDR between 2027-2033, in a sliding scale starting with €90m in 2027

3️⃣ €45m for soil carbon specifically in 2026


💥 Boom! That is the leadership we need! Testament to the role that CDR is hopefully going to play over the coming years under the current government.


✅ Tomorrow, July 30th, the Cabinet is expected to pass this budget and clear the way for a step-change for CDR in Germany.


👏 Huge shout-out to the team at Deutscher Verband für negative Emissionen e.V. (DVNE), who has worked tirelessly for years creating the foundation for this progress.


🤩 Great times ahead and your good piece of news for the day. Auf geht's!


👉 Want to stay informed with all the important CDR developments in Germany and beyond? Be sure to subscribe to my monthly newsletter, the GigaTen: https://lnkd.in/d2BKe7gr



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