Yes, where it can be moved and stored or potentially used in other applications.

https://pubs.acs.org/doi/10.1021/acsengineeringau.3c00049

https://en.wikipedia.org/wiki/Direct_air_capture

https://en.wikipedia.org/wiki/Carbon_sequestration

https://www.reuters.com/sustainability/climate-energy/innovators-trying-bring-down-sky-high-cost-direct-air-capture-2023-10-24/

Wasnt a difficult search.

And yes, more money(realistically probably a lot more) is needed to refine and improve the technology. No it isnt going to end climate change, but it is a small part of what is needed.