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The Bezos Earth Fund has initiated a financing program to support carbon dioxide removal and CCUS ventures, allocating $4.8 million to 48 early-stage climate projects over three years. Each project will receive $100,000, targeting breakthrough technologies for atmospheric CO2 removal and reuse.

Notable grantees include Mati Carbon, which employs enhanced rock weathering in tropical farmlands, and UP Catalyst, which converts captured CO2 into materials like graphite for industrial use. This initiative seeks to bolster the carbon removal ecosystem amid increasing recognition of its importance for meeting net-zero targets.