Abstract
Public financing can significantly boost Direct Air Carbon Capture and Storage (DACCS) by supporting research, pilot projects, and market creation, facilitating its development. However, substantial investment, political and economic stability, and balanced climate strategies are crucial for its success. A coordinated effort among public and private sectors is essential to maximize DACCS's potential in combating climate change. Direct air carbon capture and storage (DACCS) technologies are emerging as a critical tool in the global effort to mitigate climate change by directly removing carbon dioxide (CO₂) from the atmosphere. It is referenced in the 2023 IPCC report (chapter 4.3) as one of the potential systemic changes required to meet the 1.5°C target of the Paris agreement.