The document provides a status update on two major projects, PANACEA and TRUST, focused on CO2 capture and storage. PANACEA, running from January 2012 to December 2014, aims to predict the long-term behavior of CO2 in geological formations with a budget of over 5 million euros. TRUST, which started in November 2012 and has a budget of 12.63 million euros, involves high-resolution monitoring and modeling of CO2 injection tests, utilizing data from ongoing research and collaborations involving various universities and institutions across Europe.