backed coalition for carbon removal increases funding by $915 million, adds Anthropic
Published on: June 17, 2026, 6:08 p.m. | Source: The Economic Times
A major coalition is injecting an additional 915 million dollars into carbon removal technology. This significant funding boost aims to scale up vital climate solutions. Anthropic has joined the initiative as a new participant. The coalition plans to make focused investments through long-term contracts. These efforts are crucial for offsetting emissions from hard-to-abate sectors.
