The European Commission is spending 55m euros (£42m) on making the net a safer place for children.
The money will be spent over four years on educational efforts and ways to protect children from inappropriate content and cyber bullying.
The BBC reports on what is happening on Safer Internet Day.
Safer Internet Day is being marked around Europe with events to educate children and parents about net dangers.
Themed events will reveal the risks of sharing too much personal data and warn children that their virtual friends may not be who they say they are.
Public events will encourage parents to oversee their children’s online life so they know who they are talking to.
In the UK schools are being encouraged to run assemblies that discuss how children should behave online.
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