diff --git a/x-pack/plugins/observability/public/embeddable/slo/overview/slo_overview_details.tsx b/x-pack/plugins/observability/public/embeddable/slo/common/slo_overview_details.tsx
similarity index 100%
rename from x-pack/plugins/observability/public/embeddable/slo/overview/slo_overview_details.tsx
rename to x-pack/plugins/observability/public/embeddable/slo/common/slo_overview_details.tsx
diff --git a/x-pack/plugins/observability/public/embeddable/slo/error_budget/handle_explicit_input.tsx b/x-pack/plugins/observability/public/embeddable/slo/error_budget/handle_explicit_input.tsx
new file mode 100644
index 000000000000..52ddee5ac64f
--- /dev/null
+++ b/x-pack/plugins/observability/public/embeddable/slo/error_budget/handle_explicit_input.tsx
@@ -0,0 +1,55 @@
+/*
+ * Copyright Elasticsearch B.V. and/or licensed to Elasticsearch B.V. under one
+ * or more contributor license agreements. Licensed under the Elastic License
+ * 2.0; you may not use this file except in compliance with the Elastic License
+ * 2.0.
+ */
+
+import React from 'react';
+import { toMountPoint } from '@kbn/react-kibana-mount';
+
+import type { CoreStart } from '@kbn/core/public';
+import { KibanaContextProvider } from '@kbn/kibana-react-plugin/public';
+import { QueryClient, QueryClientProvider } from '@tanstack/react-query';
+import type { SloErrorBudgetEmbeddableInput, EmbeddableSloProps } from './types';
+
+import { ObservabilityPublicPluginsStart } from '../../..';
+import { SloConfiguration } from './slo_configuration';
+export async function resolveEmbeddableSloUserInput(
+  coreStart: CoreStart,
+  pluginStart: ObservabilityPublicPluginsStart,
+  input?: SloErrorBudgetEmbeddableInput
+): Promise<EmbeddableSloProps> {
+  const { overlays } = coreStart;
+  const queryClient = new QueryClient();
+  return new Promise(async (resolve, reject) => {
+    try {
+      const modalSession = overlays.openModal(
+        toMountPoint(
+          <KibanaContextProvider
+            services={{
+              ...coreStart,
+              ...pluginStart,
+            }}
+          >
+            <QueryClientProvider client={queryClient}>
+              <SloConfiguration
+                onCreate={(update: EmbeddableSloProps) => {
+                  modalSession.close();
+                  resolve(update);
+                }}
+                onCancel={() => {
+                  modalSession.close();
+                  reject();
+                }}
+              />
+            </QueryClientProvider>
+          </KibanaContextProvider>,
+          { i18n: coreStart.i18n, theme: coreStart.theme }
+        )
+      );
+    } catch (error) {
+      reject(error);
+    }
+  });
+}
diff --git a/x-pack/plugins/observability/public/embeddable/slo/error_budget/index.ts b/x-pack/plugins/observability/public/embeddable/slo/error_budget/index.ts
new file mode 100644
index 000000000000..edd11f1ce4f5
--- /dev/null
+++ b/x-pack/plugins/observability/public/embeddable/slo/error_budget/index.ts
@@ -0,0 +1,8 @@
+/*
+ * Copyright Elasticsearch B.V. and/or licensed to Elasticsearch B.V. under one
+ * or more contributor license agreements. Licensed under the Elastic License
+ * 2.0; you may not use this file except in compliance with the Elastic License
+ * 2.0.
+ */
+
+export { SloErrorBudgetEmbeddableFactoryDefinition } from './slo_error_budget_embeddable_factory';
diff --git a/x-pack/plugins/observability/public/embeddable/slo/error_budget/slo_configuration.tsx b/x-pack/plugins/observability/public/embeddable/slo/error_budget/slo_configuration.tsx
new file mode 100644
index 000000000000..40347d543ece
--- /dev/null
+++ b/x-pack/plugins/observability/public/embeddable/slo/error_budget/slo_configuration.tsx
@@ -0,0 +1,87 @@
+/*
+ * Copyright Elasticsearch B.V. and/or licensed to Elasticsearch B.V. under one
+ * or more contributor license agreements. Licensed under the Elastic License
+ * 2.0; you may not use this file except in compliance with the Elastic License
+ * 2.0.
+ */
+
+import React, { useState } from 'react';
+import {
+  EuiModal,
+  EuiModalHeader,
+  EuiModalHeaderTitle,
+  EuiModalBody,
+  EuiModalFooter,
+  EuiButton,
+  EuiButtonEmpty,
+  EuiFlexGroup,
+  EuiFlexItem,
+} from '@elastic/eui';
+import { FormattedMessage } from '@kbn/i18n-react';
+import { i18n } from '@kbn/i18n';
+import { SloSelector } from '../alerts/slo_selector';
+import type { EmbeddableSloProps } from './types';
+
+interface SloConfigurationProps {
+  onCreate: (props: EmbeddableSloProps) => void;
+  onCancel: () => void;
+}
+
+export function SloConfiguration({ onCreate, onCancel }: SloConfigurationProps) {
+  const [selectedSlo, setSelectedSlo] = useState<EmbeddableSloProps>();
+
+  const onConfirmClick = () =>
+    onCreate({
+      sloId: selectedSlo?.sloId,
+      sloInstanceId: selectedSlo?.sloInstanceId,
+    });
+  const [hasError, setHasError] = useState(false);
+
+  return (
+    <EuiModal onClose={onCancel} style={{ minWidth: 550 }}>
+      <EuiModalHeader>
+        <EuiModalHeaderTitle>
+          {i18n.translate('xpack.observability.sloEmbeddable.config.sloSelector.headerTitle', {
+            defaultMessage: 'SLO configuration',
+          })}
+        </EuiModalHeaderTitle>
+      </EuiModalHeader>
+      <EuiModalBody>
+        <EuiFlexGroup>
+          <EuiFlexItem grow>
+            <SloSelector
+              singleSelection={true}
+              hasError={hasError}
+              onSelected={(slo) => {
+                setHasError(slo === undefined);
+                if (slo && 'id' in slo) {
+                  setSelectedSlo({ sloId: slo.id, sloInstanceId: slo.instanceId });
+                }
+              }}
+            />
+          </EuiFlexItem>
+        </EuiFlexGroup>
+      </EuiModalBody>
+      <EuiModalFooter>
+        <EuiButtonEmpty onClick={onCancel} data-test-subj="sloCancelButton">
+          <FormattedMessage
+            id="xpack.observability.sloEmbeddable.config.cancelButtonLabel"
+            defaultMessage="Cancel"
+          />
+        </EuiButtonEmpty>
+
+        <EuiButton
+          data-test-subj="sloConfirmButton"
+          isDisabled={!selectedSlo || hasError}
+          onClick={onConfirmClick}
+          fill
+        >
+          <FormattedMessage
+            id="xpack.observability.embeddableSlo.config.confirmButtonLabel"
+            defaultMessage="Confirm configurations"
+          />
+        </EuiButton>
+      </EuiModalFooter>
+    </EuiModal>
+  );
+}
diff --git a/x-pack/plugins/observability/public/embeddable/slo/error_budget/slo_error_budget_burn_down.tsx b/x-pack/plugins/observability/public/embeddable/slo/error_budget/slo_error_budget_burn_down.tsx
new file mode 100644
index 000000000000..f26fc8f34c5f
--- /dev/null
+++ b/x-pack/plugins/observability/public/embeddable/slo/error_budget/slo_error_budget_burn_down.tsx
@@ -0,0 +1,168 @@
+/*
+ * Copyright Elasticsearch B.V. and/or licensed to Elasticsearch B.V. under one
+ * or more contributor license agreements. Licensed under the Elastic License
+ * 2.0; you may not use this file except in compliance with the Elastic License
+ * 2.0.
+ */
+
+import React, { useEffect, useState, useRef } from 'react';
+import { i18n } from '@kbn/i18n';
+import { EuiFlexGroup, EuiFlexItem, EuiLoadingChart, EuiLink, EuiTitle } from '@elastic/eui';
+
+import { euiStyled } from '@kbn/kibana-react-plugin/common';
+import { ALL_VALUE, SLOWithSummaryResponse } from '@kbn/slo-schema';
+import { formatHistoricalData } from '../../../utils/slo/chart_data_formatter';
+import { useFetchHistoricalSummary } from '../../../hooks/slo/use_fetch_historical_summary';
+import { useFetchSloDetails } from '../../../hooks/slo/use_fetch_slo_details';
+
+import { ErrorBudgetChart } from '../../../pages/slo_details/components/error_budget_chart';
+import { EmbeddableSloProps } from './types';
+import { SloOverviewDetails } from '../common/slo_overview_details'; // TODO change to slo_details
+import { ErrorBudgetHeader } from '../../../pages/slo_details/components/error_budget_header';
+
+export function SloErrorBudget({
+  sloId,
+  sloInstanceId,
+  onRenderComplete,
+  reloadSubject,
+}: EmbeddableSloProps) {
+  const containerRef = useRef<HTMLDivElement>(null);
+  const [selectedSlo, setSelectedSlo] = useState<SLOWithSummaryResponse | null>(null);
+  const [lastRefreshTime, setLastRefreshTime] = useState<number | undefined>(undefined);
+
+  useEffect(() => {
+    reloadSubject?.subscribe(() => {
+      setLastRefreshTime(Date.now());
+    });
+    return () => {
+      reloadSubject?.unsubscribe();
+    };
+  }, [reloadSubject]);
+
+  const { isLoading: historicalSummaryLoading, data: historicalSummaries = [] } =
+    useFetchHistoricalSummary({
+      list: [{ sloId: sloId!, instanceId: sloInstanceId ?? ALL_VALUE }],
+      shouldRefetch: false,
+    });
+
+  const sloHistoricalSummary = historicalSummaries.find(
+    (historicalSummary) =>
+      historicalSummary.sloId === sloId &&
+      historicalSummary.instanceId === (sloInstanceId ?? ALL_VALUE)
+  );
+
+  const errorBudgetBurnDownData = formatHistoricalData(
+    sloHistoricalSummary?.data,
+    'error_budget_remaining'
+  );
+
+  const {
+    isLoading,
+    data: slo,
+    refetch,
+    isRefetching,
+  } = useFetchSloDetails({
+    sloId,
+    instanceId: sloInstanceId,
+  });
+
+  useEffect(() => {
+    refetch();
+  }, [lastRefreshTime, refetch]);
+  useEffect(() => {
+    if (!onRenderComplete) return;
+
+    if (!isLoading) {
+      onRenderComplete();
+    }
+  }, [isLoading, onRenderComplete]);
+
+  const isSloNotFound = !isLoading && slo === undefined;
+
+  if (isRefetching || isLoading || !slo) {
+    return (
+      <LoadingContainer>
+        <LoadingContent>
+          <EuiLoadingChart />
+        </LoadingContent>
+      </LoadingContainer>
+    );
+  }
+
+  if (isSloNotFound) {
+    return (
+      <LoadingContainer>
+        <LoadingContent>
+          {i18n.translate('xpack.observability.sloEmbeddable.overview.sloNotFoundText', {
+            defaultMessage:
+              'The SLO has been deleted. You can safely delete the widget from the dashboard.',
+          })}
+        </LoadingContent>
+      </LoadingContainer>
+    );
+  }
+  const hasGroupBy = slo.instanceId !== ALL_VALUE;
+  return (
+    <div ref={containerRef} style={{ width: '100%', padding: 10 }}>
+      <EuiFlexGroup direction="column" gutterSize="xs">
+        <EuiFlexItem>
+          {hasGroupBy ? (
+            <EuiTitle size="xs">
+              <h4>{slo.name}</h4>
+            </EuiTitle>
+          ) : (
+            <EuiLink
+              css={{ fontSize: '16px' }}
+              data-test-subj="o11ySloErrorBudgetLink"
+              onClick={() => {
+                setSelectedSlo(slo);
+              }}
+            >
+              <h4>{slo.name}</h4>
+            </EuiLink>
+          )}
+        </EuiFlexItem>
+
+        {hasGroupBy && (
+          <EuiFlexItem grow={false}>
+            <EuiLink
+              data-test-subj="o11ySloErrorBudgetLink"
+              onClick={() => {
+                setSelectedSlo(slo);
+              }}
+            >
+              {slo.groupBy}: {slo.instanceId}
+            </EuiLink>
+          </EuiFlexItem>
+        )}
+      </EuiFlexGroup>
+
+      <EuiFlexGroup direction="column" gutterSize="l">
+        <ErrorBudgetHeader showTitle={false} slo={slo} />
+        <ErrorBudgetChart
+          data={errorBudgetBurnDownData}
+          isLoading={historicalSummaryLoading}
+          slo={slo!}
+        />
+      </EuiFlexGroup>
+
+      <SloOverviewDetails slo={selectedSlo} setSelectedSlo={setSelectedSlo} />
+    </div>
+  );
+}
+
+export const LoadingContainer = euiStyled.div`
+  position: relative;
+  overflow: hidden;
+  display: flex;
+  flex-direction: column;
+  justify-content: center;
+  width: 100%;
+  height: 100%;
+`;
+
+export const LoadingContent = euiStyled.div`
+  flex: 0 0 auto;
+  align-self: center;
+  text-align: center;
+`;
diff --git a/x-pack/plugins/observability/public/embeddable/slo/error_budget/slo_error_budget_embeddable.tsx b/x-pack/plugins/observability/public/embeddable/slo/error_budget/slo_error_budget_embeddable.tsx
new file mode 100644
index 000000000000..cf5b824289cb
--- /dev/null
+++ b/x-pack/plugins/observability/public/embeddable/slo/error_budget/slo_error_budget_embeddable.tsx
@@ -0,0 +1,102 @@
+/*
+ * Copyright Elasticsearch B.V. and/or licensed to Elasticsearch B.V. under one
+ * or more contributor license agreements. Licensed under the Elastic License
+ * 2.0; you may not use this file except in compliance with the Elastic License
+ * 2.0.
+ */
+import React from 'react';
+import ReactDOM from 'react-dom';
+import { i18n } from '@kbn/i18n';
+
+import {
+  Embeddable as AbstractEmbeddable,
+  EmbeddableOutput,
+  IContainer,
+} from '@kbn/embeddable-plugin/public';
+import { KibanaContextProvider } from '@kbn/kibana-react-plugin/public';
+
+import { QueryClient, QueryClientProvider } from '@tanstack/react-query';
+import {
+  type CoreStart,
+  IUiSettingsClient,
+  ApplicationStart,
+  NotificationsStart,
+} from '@kbn/core/public';
+import { Subject } from 'rxjs';
+import type { SloErrorBudgetEmbeddableInput } from './types';
+import { SloErrorBudget } from './slo_error_budget_burn_down';
+export const SLO_ERROR_BUDGET_EMBEDDABLE = 'SLO_ERROR_BUDGET_EMBEDDABLE';
+
+interface SloEmbeddableDeps {
+  uiSettings: IUiSettingsClient;
+  http: CoreStart['http'];
+  i18n: CoreStart['i18n'];
+  application: ApplicationStart;
+  notifications: NotificationsStart;
+}
+
+export class SLOErrorBudgetEmbeddable extends AbstractEmbeddable<
+  SloErrorBudgetEmbeddableInput,
+  EmbeddableOutput
+> {
+  public readonly type = SLO_ERROR_BUDGET_EMBEDDABLE;
+  private node?: HTMLElement;
+  private reloadSubject: Subject<boolean>;
+
+  constructor(
+    private readonly deps: SloEmbeddableDeps,
+    initialInput: SloErrorBudgetEmbeddableInput,
+    parent?: IContainer
+  ) {
+    super(initialInput, {}, parent);
+    this.reloadSubject = new Subject<boolean>();
+
+    this.setTitle(
+      this.input.title ||
+        i18n.translate('xpack.observability.sloErrorBudgetEmbeddable.displayTitle', {
+          defaultMessage: 'SLO Error Budget burn down',
+        })
+    );
+  }
+
+  setTitle(title: string) {
+    this.updateInput({ title });
+  }
+
+  public onRenderComplete() {
+    this.renderComplete.dispatchComplete();
+  }
+
+  public render(node: HTMLElement) {
+    super.render(node);
+    this.node = node;
+    // required for the export feature to work
+    this.node.setAttribute('data-shared-item', '');
+
+    const { sloId, sloInstanceId } = this.getInput();
+    const queryClient = new QueryClient();
+
+    const I18nContext = this.deps.i18n.Context;
+    ReactDOM.render(
+      <I18nContext>
+        <KibanaContextProvider services={this.deps}>
+          <QueryClientProvider client={queryClient}>
+            <SloErrorBudget sloId={sloId} sloInstanceId={sloInstanceId} />
+          </QueryClientProvider>
+        </KibanaContextProvider>
+      </I18nContext>,
+      node
+    );
+  }
+
+  public reload() {
+    this.reloadSubject.next(true);
+  }
+
+  public destroy() {
+    super.destroy();
+    if (this.node) {
+      ReactDOM.unmountComponentAtNode(this.node);
+    }
+  }
+}
diff --git a/x-pack/plugins/observability/public/embeddable/slo/error_budget/slo_error_budget_embeddable_factory.ts b/x-pack/plugins/observability/public/embeddable/slo/error_budget/slo_error_budget_embeddable_factory.ts
new file mode 100644
index 000000000000..010a4118c178
--- /dev/null
+++ b/x-pack/plugins/observability/public/embeddable/slo/error_budget/slo_error_budget_embeddable_factory.ts
@@ -0,0 +1,76 @@
+/*
+ * Copyright Elasticsearch B.V. and/or licensed to Elasticsearch B.V. under one
+ * or more contributor license agreements. Licensed under the Elastic License
+ * 2.0; you may not use this file except in compliance with the Elastic License
+ * 2.0.
+ */
+
+import { i18n } from '@kbn/i18n';
+import type { CoreSetup } from '@kbn/core/public';
+import {
+  EmbeddableFactory,
+  EmbeddableFactoryDefinition,
+  ErrorEmbeddable,
+  IContainer,
+} from '@kbn/embeddable-plugin/public';
+import { COMMON_SLO_GROUPING } from '../overview/slo_embeddable_factory';
+import {
+  SLO_ERROR_BUDGET_EMBEDDABLE,
+  SLOErrorBudgetEmbeddable,
+} from './slo_error_budget_embeddable';
+import { ObservabilityPublicPluginsStart, ObservabilityPublicStart } from '../../..';
+import { SloErrorBudgetEmbeddableInput } from './types';
+
+export type SloErrorBudgetEmbeddableFactory = EmbeddableFactory;
+export class SloErrorBudgetEmbeddableFactoryDefinition implements EmbeddableFactoryDefinition {
+  public readonly type = SLO_ERROR_BUDGET_EMBEDDABLE;
+
+  public readonly grouping = COMMON_SLO_GROUPING;
+
+  constructor(
+    private getStartServices: CoreSetup<
+      ObservabilityPublicPluginsStart,
+      ObservabilityPublicStart
+    >['getStartServices']
+  ) {}
+
+  public async isEditable() {
+    return true;
+  }
+
+  public async getExplicitInput(): Promise<Partial<SloErrorBudgetEmbeddableInput>> {
+    const [coreStart, pluginStart] = await this.getStartServices();
+    try {
+      const { resolveEmbeddableSloUserInput } = await import('./handle_explicit_input');
+      return await resolveEmbeddableSloUserInput(coreStart, pluginStart);
+    } catch (e) {
+      return Promise.reject();
+    }
+  }
+
+  public async create(initialInput: SloErrorBudgetEmbeddableInput, parent?: IContainer) {
+    try {
+      const [coreStart, pluginsStart] = await this.getStartServices();
+      const deps = { ...coreStart, ...pluginsStart };
+      return new SLOErrorBudgetEmbeddable(deps, initialInput, parent);
+    } catch (e) {
+      return new ErrorEmbeddable(e, initialInput, parent);
+    }
+  }
+
+  public getDescription() {
+    return i18n.translate('xpack.observability.sloErrorBudgetEmbeddable.description', {
+      defaultMessage: 'Get an error budget burn down chart of your SLOs',
+    });
+  }
+
+  public getDisplayName() {
+    return i18n.translate('xpack.observability.sloErrorBudgetEmbeddable.displayName', {
+      defaultMessage: 'SLO Error budget burn down',
+    });
+  }
+
+  public getIconType() {
+    return 'visLine';
+  }
+}
diff --git a/x-pack/plugins/observability/public/embeddable/slo/error_budget/types.ts b/x-pack/plugins/observability/public/embeddable/slo/error_budget/types.ts
new file mode 100644
index 000000000000..66e862e64862
--- /dev/null
+++ b/x-pack/plugins/observability/public/embeddable/slo/error_budget/types.ts
@@ -0,0 +1,16 @@
+/*
+ * Copyright Elasticsearch B.V. and/or licensed to Elasticsearch B.V. under one
+ * or more contributor license agreements. Licensed under the Elastic License
+ * 2.0; you may not use this file except in compliance with the Elastic License
+ * 2.0.
+ */
+import { EmbeddableInput } from '@kbn/embeddable-plugin/public';
+import { Subject } from 'rxjs';
+
+export interface EmbeddableSloProps {
+  sloId: string | undefined;
+  sloInstanceId: string | undefined;
+  reloadSubject?: Subject<boolean>;
+  onRenderComplete?: () => void;
+}
+export type SloErrorBudgetEmbeddableInput = EmbeddableInput & EmbeddableSloProps;
diff --git a/x-pack/plugins/observability/public/embeddable/slo/overview/slo_overview.tsx b/x-pack/plugins/observability/public/embeddable/slo/overview/slo_overview.tsx
index c3d2c7fa29e6..e0b4e761ea67 100644
--- a/x-pack/plugins/observability/public/embeddable/slo/overview/slo_overview.tsx
+++ b/x-pack/plugins/observability/public/embeddable/slo/overview/slo_overview.tsx
@@ -10,7 +10,7 @@ import { i18n } from '@kbn/i18n';
 import { EuiLoadingChart } from '@elastic/eui';
 import { euiStyled } from '@kbn/kibana-react-plugin/common';
 import { ALL_VALUE, SLOWithSummaryResponse } from '@kbn/slo-schema';
-import { SloOverviewDetails } from './slo_overview_details';
+import { SloOverviewDetails } from '../common/slo_overview_details';
 import { SloCardBadgesPortal } from '../../../pages/slos/components/card_view/badges_portal';
 import { formatHistoricalData } from '../../../utils/slo/chart_data_formatter';
 import { useFetchHistoricalSummary } from '../../../hooks/slo/use_fetch_historical_summary';
diff --git a/x-pack/plugins/observability/public/embeddable/slo/overview/slo_overview_grid.tsx b/x-pack/plugins/observability/public/embeddable/slo/overview/slo_overview_grid.tsx
index 04229eaa0f75..875c1f11ef0a 100644
--- a/x-pack/plugins/observability/public/embeddable/slo/overview/slo_overview_grid.tsx
+++ b/x-pack/plugins/observability/public/embeddable/slo/overview/slo_overview_grid.tsx
@@ -19,7 +19,7 @@ import { i18n } from '@kbn/i18n';
 import { FormattedMessage } from '@kbn/i18n-react';
 import { EuiFlexGroup, EuiFlexItem, EuiIcon, EuiLoadingSpinner } from '@elastic/eui';
 import { MetricDatum } from '@elastic/charts/dist/chart_types/metric/specs';
-import { SloOverviewDetails } from './slo_overview_details';
+import { SloOverviewDetails } from '../common/slo_overview_details';
 import { useFetchSloList } from '../../../hooks/slo/use_fetch_slo_list';
 import { formatHistoricalData } from '../../../utils/slo/chart_data_formatter';
 import { useFetchRulesForSlo } from '../../../hooks/slo/use_fetch_rules_for_slo';
diff --git a/x-pack/plugins/observability/public/pages/slo_details/components/error_budget_actions.tsx b/x-pack/plugins/observability/public/pages/slo_details/components/error_budget_actions.tsx
new file mode 100644
index 000000000000..614aaf3456de
--- /dev/null
+++ b/x-pack/plugins/observability/public/pages/slo_details/components/error_budget_actions.tsx
@@ -0,0 +1,52 @@
+/*
+ * Copyright Elasticsearch B.V. and/or licensed to Elasticsearch B.V. under one
+ * or more contributor license agreements. Licensed under the Elastic License
+ * 2.0; you may not use this file except in compliance with the Elastic License
+ * 2.0.
+ */
+import { i18n } from '@kbn/i18n';
+
+import React, { useState } from 'react';
+import { EuiPopover, EuiContextMenuItem, EuiContextMenuPanel, EuiButtonIcon } from '@elastic/eui';
+
+interface Props {
+  setDashboardAttachmentReady?: (value: boolean) => void;
+}
+
+export function ErrorBudgetActions({ setDashboardAttachmentReady }: Props) {
+  const [isActionsPopoverOpen, setIsActionsPopoverOpen] = useState(false);
+
+  const handleAttachToDashboard = () => {
+    setIsActionsPopoverOpen(false);
+    if (setDashboardAttachmentReady) {
+      setDashboardAttachmentReady(true);
+    }
+  };
+  const ContextMenuButton = (
+    <EuiButtonIcon
+      data-test-subj="o11yErrorBudgetActionsButton"
+      iconType={'boxesHorizontal'}
+      onClick={() => setIsActionsPopoverOpen(!isActionsPopoverOpen)}
+    />
+  );
+  return (
+    <EuiPopover
+      isOpen={isActionsPopoverOpen}
+      button={ContextMenuButton}
+      closePopover={() => setIsActionsPopoverOpen(false)}
+    >
+      <EuiContextMenuPanel>
+        <EuiContextMenuItem
+          icon="dashboardApp"
+          key="attachToDashboard"
+          onClick={handleAttachToDashboard}
+          data-test-subj="sloActinsAttachToDashboard"
+        >
+          {i18n.translate('xpack.observability.slo.item.actions.attachToDashboard', {
+            defaultMessage: 'Attach to Dashboard',
+          })}
+        </EuiContextMenuItem>
+      </EuiContextMenuPanel>
+    </EuiPopover>
+  );
+}
diff --git a/x-pack/plugins/observability/public/pages/slo_details/components/error_budget_chart.tsx b/x-pack/plugins/observability/public/pages/slo_details/components/error_budget_chart.tsx
new file mode 100644
index 000000000000..857c37d050e1
--- /dev/null
+++ b/x-pack/plugins/observability/public/pages/slo_details/components/error_budget_chart.tsx
@@ -0,0 +1,104 @@
+/*
+ * Copyright Elasticsearch B.V. and/or licensed to Elasticsearch B.V. under one
+ * or more contributor license agreements. Licensed under the Elastic License
+ * 2.0; you may not use this file except in compliance with the Elastic License
+ * 2.0.
+ */
+
+import React from 'react';
+import { i18n } from '@kbn/i18n';
+import { EuiFlexGroup, EuiFlexItem, EuiStat } from '@elastic/eui';
+import numeral from '@elastic/numeral';
+import { SLOWithSummaryResponse } from '@kbn/slo-schema';
+import { useKibana } from '../../../utils/kibana_react';
+import { toDuration, toMinutes } from '../../../utils/slo/duration';
+import { ChartData } from '../../../typings/slo';
+import { WideChart } from './wide_chart';
+
+function formatTime(minutes: number) {
+  if (minutes > 59) {
+    const mins = minutes % 60;
+    const hours = (minutes - mins) / 60;
+    return i18n.translate(
+      'xpack.observability.slo.sloDetails.errorBudgetChartPanel.minuteHoursLabel',
+      {
+        defaultMessage: '{hours}h {mins}m',
+        values: { hours: Math.trunc(hours), mins: Math.trunc(mins) },
+      }
+    );
+  }
+  return i18n.translate('xpack.observability.slo.sloDetails.errorBudgetChartPanel.minuteLabel', {
+    defaultMessage: '{minutes}m',
+    values: { minutes },
+  });
+}
+export interface Props {
+  data: ChartData[];
+  isLoading: boolean;
+  slo: SLOWithSummaryResponse;
+}
+
+export function ErrorBudgetChart({ data, isLoading, slo }: Props) {
+  const { uiSettings } = useKibana().services;
+  const percentFormat = uiSettings.get('format:percent:defaultPattern');
+  const isSloFailed = slo.summary.status === 'DEGRADING' || slo.summary.status === 'VIOLATED';
+  let errorBudgetTimeRemainingFormatted;
+  if (slo.budgetingMethod === 'timeslices' && slo.timeWindow.type === 'calendarAligned') {
+    const totalSlices =
+      toMinutes(toDuration(slo.timeWindow.duration)) /
+      toMinutes(toDuration(slo.objective.timesliceWindow!));
+    const errorBudgetRemainingInMinute =
+      slo.summary.errorBudget.remaining * (slo.summary.errorBudget.initial * totalSlices);
+
+    errorBudgetTimeRemainingFormatted = formatTime(
+      errorBudgetRemainingInMinute >= 0 ? errorBudgetRemainingInMinute : 0
+    );
+  }
+  return (
+    <>
+      <EuiFlexGroup direction="row" gutterSize="l" alignItems="flexStart" responsive={false}>
+        <EuiFlexItem grow={false}>
+          <EuiStat
+            titleColor={isSloFailed ? 'danger' : 'success'}
+            title={numeral(slo.summary.errorBudget.remaining).format(percentFormat)}
+            titleSize="s"
+            description={i18n.translate(
+              'xpack.observability.slo.sloDetails.errorBudgetChartPanel.remaining',
+              { defaultMessage: 'Remaining' }
+            )}
+            reverse
+          />
+        </EuiFlexItem>
+        {errorBudgetTimeRemainingFormatted ? (
+          <EuiFlexItem grow={false}>
+            <EuiStat
+              titleColor={isSloFailed ? 'danger' : 'success'}
+              title={errorBudgetTimeRemainingFormatted}
+              titleSize="s"
+              description={i18n.translate(
+                'xpack.observability.slo.sloDetails.errorBudgetChartPanel.remaining',
+                { defaultMessage: 'Remaining' }
+              )}
+              reverse
+            />
+          </EuiFlexItem>
+        ) : null}
+      </EuiFlexGroup>
+
+      <EuiFlexItem>
+        <WideChart
+          chart="area"
+          id={i18n.translate(
+            'xpack.observability.slo.sloDetails.errorBudgetChartPanel.chartTitle',
+            {
+              defaultMessage: 'Error budget remaining',
+            }
+          )}
+          state={isSloFailed ? 'error' : 'success'}
+          data={data}
+          isLoading={isLoading}
+        />
+      </EuiFlexItem>
+    </>
+  );
+}
diff --git a/x-pack/plugins/observability/public/pages/slo_details/components/error_budget_chart_panel.tsx b/x-pack/plugins/observability/public/pages/slo_details/components/error_budget_chart_panel.tsx
index b47cf7bf3f89..60c8ca627f98 100644
--- a/x-pack/plugins/observability/public/pages/slo_details/components/error_budget_chart_panel.tsx
+++ b/x-pack/plugins/observability/public/pages/slo_details/components/error_budget_chart_panel.tsx
@@ -5,132 +5,106 @@
  * 2.0.
  */
 
-import { EuiFlexGroup, EuiFlexItem, EuiPanel, EuiStat, EuiText, EuiTitle } from '@elastic/eui';
-import numeral from '@elastic/numeral';
+import { EuiFlexGroup, EuiPanel } from '@elastic/eui';
+import {
+  LazySavedObjectSaveModalDashboard,
+  withSuspense,
+} from '@kbn/presentation-util-plugin/public';
 import { i18n } from '@kbn/i18n';
-import { rollingTimeWindowTypeSchema, SLOWithSummaryResponse } from '@kbn/slo-schema';
-import React from 'react';
-import { toDuration, toMinutes } from '../../../utils/slo/duration';
+import { SLOWithSummaryResponse } from '@kbn/slo-schema';
+import React, { useState, useCallback } from 'react';
+import { SaveModalDashboardProps } from '@kbn/presentation-util-plugin/public';
 import { ChartData } from '../../../typings/slo';
 import { useKibana } from '../../../utils/kibana_react';
-import { toDurationAdverbLabel, toDurationLabel } from '../../../utils/slo/labels';
-import { WideChart } from './wide_chart';
-
+import { ErrorBudgetChart } from './error_budget_chart';
+import { ErrorBudgetHeader } from './error_budget_header';
+import { SLO_ERROR_BUDGET_EMBEDDABLE } from '../../../embeddable/slo/error_budget/slo_error_budget_embeddable';
+const SavedObjectSaveModalDashboard = withSuspense(LazySavedObjectSaveModalDashboard);
 export interface Props {
   data: ChartData[];
   isLoading: boolean;
   slo: SLOWithSummaryResponse;
 }
 
-function formatTime(minutes: number) {
-  if (minutes > 59) {
-    const mins = minutes % 60;
-    const hours = (minutes - mins) / 60;
-    return i18n.translate(
-      'xpack.observability.slo.sloDetails.errorBudgetChartPanel.minuteHoursLabel',
-      {
-        defaultMessage: '{hours}h {mins}m',
-        values: { hours: Math.trunc(hours), mins: Math.trunc(mins) },
-      }
-    );
-  }
-  return i18n.translate('xpack.observability.slo.sloDetails.errorBudgetChartPanel.minuteLabel', {
-    defaultMessage: '{minutes}m',
-    values: { minutes },
-  });
-}
-
 export function ErrorBudgetChartPanel({ data, isLoading, slo }: Props) {
-  const { uiSettings } = useKibana().services;
-  const percentFormat = uiSettings.get('format:percent:defaultPattern');
+  const [isMouseOver, setIsMouseOver] = useState(false);
 
-  const isSloFailed = slo.summary.status === 'DEGRADING' || slo.summary.status === 'VIOLATED';
+  const [isDashboardAttachmentReady, setDashboardAttachmentReady] = useState(false);
+  const { embeddable } = useKibana().services;
 
-  let errorBudgetTimeRemainingFormatted;
-  if (slo.budgetingMethod === 'timeslices' && slo.timeWindow.type === 'calendarAligned') {
-    const totalSlices =
-      toMinutes(toDuration(slo.timeWindow.duration)) /
-      toMinutes(toDuration(slo.objective.timesliceWindow!));
-    const errorBudgetRemainingInMinute =
-      slo.summary.errorBudget.remaining * (slo.summary.errorBudget.initial * totalSlices);
+  const handleAttachToDashboardSave: SaveModalDashboardProps['onSave'] = useCallback(
+    ({ dashboardId, newTitle, newDescription }) => {
+      const stateTransfer = embeddable!.getStateTransfer();
+      const embeddableInput = {
+        title: newTitle,
+        description: newDescription,
+        sloId: slo.id,
+        sloInstanceId: slo.instanceId,
+      };
 
-    errorBudgetTimeRemainingFormatted = formatTime(
-      errorBudgetRemainingInMinute >= 0 ? errorBudgetRemainingInMinute : 0
-    );
-  }
+      const state = {
+        input: embeddableInput,
+        type: SLO_ERROR_BUDGET_EMBEDDABLE,
+      };
+
+      const path = dashboardId === 'new' ? '#/create' : `#/view/${dashboardId}`;
+
+      stateTransfer.navigateToWithEmbeddablePackage('dashboards', {
+        state,
+        path,
+      });
+    },
+    [embeddable, slo.id, slo.instanceId]
+  );
 
   return (
-    <EuiPanel paddingSize="m" color="transparent" hasBorder data-test-subj="errorBudgetChartPanel">
-      <EuiFlexGroup direction="column" gutterSize="l">
-        <EuiFlexGroup direction="column" gutterSize="none">
-          <EuiFlexItem>
-            <EuiTitle size="xs">
-              <h2>
-                {i18n.translate('xpack.observability.slo.sloDetails.errorBudgetChartPanel.title', {
-                  defaultMessage: 'Error budget burn down',
-                })}
-              </h2>
-            </EuiTitle>
-          </EuiFlexItem>
-          <EuiFlexItem>
-            <EuiText color="subdued" size="s">
-              {rollingTimeWindowTypeSchema.is(slo.timeWindow.type)
-                ? i18n.translate(
-                    'xpack.observability.slo.sloDetails.errorBudgetChartPanel.duration',
-                    {
-                      defaultMessage: 'Last {duration}',
-                      values: { duration: toDurationLabel(slo.timeWindow.duration) },
-                    }
-                  )
-                : toDurationAdverbLabel(slo.timeWindow.duration)}
-            </EuiText>
-          </EuiFlexItem>
-        </EuiFlexGroup>
-
-        <EuiFlexGroup direction="row" gutterSize="l" alignItems="flexStart" responsive={false}>
-          <EuiFlexItem grow={false}>
-            <EuiStat
-              titleColor={isSloFailed ? 'danger' : 'success'}
-              title={numeral(slo.summary.errorBudget.remaining).format(percentFormat)}
-              titleSize="s"
-              description={i18n.translate(
-                'xpack.observability.slo.sloDetails.errorBudgetChartPanel.remaining',
-                { defaultMessage: 'Remaining' }
-              )}
-              reverse
-            />
-          </EuiFlexItem>
-          {errorBudgetTimeRemainingFormatted ? (
-            <EuiFlexItem grow={false}>
-              <EuiStat
-                titleColor={isSloFailed ? 'danger' : 'success'}
-                title={errorBudgetTimeRemainingFormatted}
-                titleSize="s"
-                description={i18n.translate(
-                  'xpack.observability.slo.sloDetails.errorBudgetChartPanel.remaining',
-                  { defaultMessage: 'Remaining' }
-                )}
-                reverse
-              />
-            </EuiFlexItem>
-          ) : null}
-        </EuiFlexGroup>
-
-        <EuiFlexItem>
-          <WideChart
-            chart="area"
-            id={i18n.translate(
-              'xpack.observability.slo.sloDetails.errorBudgetChartPanel.chartTitle',
-              {
-                defaultMessage: 'Error budget remaining',
-              }
-            )}
-            state={isSloFailed ? 'error' : 'success'}
-            data={data}
-            isLoading={isLoading}
+    <>
+      <EuiPanel
+        paddingSize="m"
+        color="transparent"
+        hasBorder
+        data-test-subj="errorBudgetChartPanel"
+        onMouseOver={() => {
+          if (!isMouseOver) {
+            setIsMouseOver(true);
+          }
+        }}
+        onMouseLeave={() => {
+          if (isMouseOver) {
+            setIsMouseOver(false);
+          }
+        }}
+      >
+        <EuiFlexGroup direction="column" gutterSize="l">
+          <ErrorBudgetHeader
+            slo={slo}
+            showTitle={true}
+            isMouseOver={isMouseOver}
+            setDashboardAttachmentReady={setDashboardAttachmentReady}
           />
-        </EuiFlexItem>
-      </EuiFlexGroup>
-    </EuiPanel>
+
+          <ErrorBudgetChart slo={slo} data={data} isLoading={isLoading} />
+        </EuiFlexGroup>
+      </EuiPanel>
+      {isDashboardAttachmentReady ? (
+        <SavedObjectSaveModalDashboard
+          objectType={i18n.translate(
+            'xpack.observability.slo.errorBudgetBurnDown.actions.attachToDashboard.objectTypeLabel',
+            { defaultMessage: 'SLO Error Budget burn down' }
+          )}
+          documentInfo={{
+            title: i18n.translate(
+              'xpack.observability.slo.errorBudgetBurnDown.actions.attachToDashboard.attachmentTitle',
+              { defaultMessage: 'SLO Error Budget burn down' }
+            ),
+          }}
+          canSaveByReference={false}
+          onClose={() => {
+            setDashboardAttachmentReady(false);
+          }}
+          onSave={handleAttachToDashboardSave}
+        />
+      ) : null}
+    </>
   );
 }
diff --git a/x-pack/plugins/observability/public/pages/slo_details/components/error_budget_header.test.tsx b/x-pack/plugins/observability/public/pages/slo_details/components/error_budget_header.test.tsx
new file mode 100644
index 000000000000..65a403331497
--- /dev/null
+++ b/x-pack/plugins/observability/public/pages/slo_details/components/error_budget_header.test.tsx
@@ -0,0 +1,70 @@
+/*
+ * Copyright Elasticsearch B.V. and/or licensed to Elasticsearch B.V. under one
+ * or more contributor license agreements. Licensed under the Elastic License
+ * 2.0; you may not use this file except in compliance with the Elastic License
+ * 2.0.
+ */
+
+import React from 'react';
+import { screen } from '@testing-library/react';
+import { useKibana } from '../../../utils/kibana_react';
+import { render } from '../../../utils/test_helper';
+import { buildSlo } from '../../../data/slo/slo';
+import { ErrorBudgetHeader } from './error_budget_header';
+
+jest.mock('../../../utils/kibana_react');
+const useKibanaMock = useKibana as jest.Mock;
+
+describe('In Observability Context', () => {
+  beforeEach(() => {
+    jest.clearAllMocks();
+    useKibanaMock.mockReturnValue({
+      services: {
+        executionContext: {
+          get: () => ({
+            name: 'observability-overview',
+          }),
+        },
+      },
+    });
+  });
+  it('renders Error Budget Actions button on mouse over', async () => {
+    const slo = buildSlo();
+
+    render(<ErrorBudgetHeader isMouseOver={true} slo={slo} />);
+    expect(screen.queryByTestId('o11yErrorBudgetActionsButton')).toBeTruthy();
+  });
+
+  it('renders "Error budget burn down" title', () => {
+    const slo = buildSlo();
+    render(<ErrorBudgetHeader isMouseOver={true} slo={slo} />);
+    expect(screen.queryByTestId('errorBudgetPanelTitle')).toBeTruthy();
+  });
+});
+
+describe('In Dashboard Context', () => {
+  beforeEach(() => {
+    jest.clearAllMocks();
+
+    useKibanaMock.mockReturnValue({
+      services: {
+        executionContext: {
+          get: () => ({
+            name: 'dashboards',
+          }),
+        },
+      },
+    });
+  });
+  it('does not render Error budget Actions button on mouse over', async () => {
+    const slo = buildSlo();
+    render(<ErrorBudgetHeader isMouseOver={true} slo={slo} />);
+    expect(screen.queryByTestId('o11yErrorBudgetActionsButton')).toBeFalsy();
+  });
+
+  it('does not render the "Error budget burn down" title', () => {
+    const slo = buildSlo();
+    render(<ErrorBudgetHeader showTitle={false} isMouseOver={true} slo={slo} />);
+    expect(screen.queryByTestId('errorBudgetPanelTitle')).toBeFalsy();
+  });
+});
diff --git a/x-pack/plugins/observability/public/pages/slo_details/components/error_budget_header.tsx b/x-pack/plugins/observability/public/pages/slo_details/components/error_budget_header.tsx
new file mode 100644
index 000000000000..9087d43dc002
--- /dev/null
+++ b/x-pack/plugins/observability/public/pages/slo_details/components/error_budget_header.tsx
@@ -0,0 +1,75 @@
+/*
+ * Copyright Elasticsearch B.V. and/or licensed to Elasticsearch B.V. under one
+ * or more contributor license agreements. Licensed under the Elastic License
+ * 2.0; you may not use this file except in compliance with the Elastic License
+ * 2.0.
+ */
+
+import React from 'react';
+import { EuiFlexGroup, EuiFlexItem, EuiText, EuiTitle } from '@elastic/eui';
+import { i18n } from '@kbn/i18n';
+import { rollingTimeWindowTypeSchema, SLOWithSummaryResponse } from '@kbn/slo-schema';
+import { toDurationAdverbLabel, toDurationLabel } from '../../../utils/slo/labels';
+import { useKibana } from '../../../utils/kibana_react';
+
+import { ErrorBudgetActions } from './error_budget_actions';
+
+interface Props {
+  slo: SLOWithSummaryResponse;
+  showTitle?: boolean;
+  isMouseOver?: boolean;
+  setDashboardAttachmentReady?: (value: boolean) => void;
+}
+
+export function ErrorBudgetHeader({
+  slo,
+  showTitle = true,
+  isMouseOver,
+  setDashboardAttachmentReady,
+}: Props) {
+  const { executionContext } = useKibana().services;
+  const executionContextName = executionContext.get().name;
+  const isDashboardContext = executionContextName === 'dashboards';
+
+  return (
+    <EuiFlexGroup direction="column" gutterSize="none">
+      <EuiFlexItem>
+        <EuiFlexGroup>
+          {showTitle && (
+            <EuiFlexItem>
+              <EuiTitle size="xs" data-test-subj="errorBudgetPanelTitle">
+                <h2>
+                  {i18n.translate(
+                    'xpack.observability.slo.sloDetails.errorBudgetChartPanel.title',
+                    {
+                      defaultMessage: 'Error budget burn down',
+                    }
+                  )}
+                </h2>
+              </EuiTitle>
+            </EuiFlexItem>
+          )}
+          {!isDashboardContext && (
+            <EuiFlexGroup justifyContent="flexEnd" wrap>
+              {isMouseOver && (
+                <EuiFlexItem grow={false}>
+                  <ErrorBudgetActions setDashboardAttachmentReady={setDashboardAttachmentReady} />
+                </EuiFlexItem>
+              )}
+            </EuiFlexGroup>
+          )}
+        </EuiFlexGroup>
+      </EuiFlexItem>
+      <EuiFlexItem>
+        <EuiText color="subdued" size="s">
+          {rollingTimeWindowTypeSchema.is(slo.timeWindow.type)
+            ? i18n.translate('xpack.observability.slo.sloDetails.errorBudgetChartPanel.duration', {
+                defaultMessage: 'Last {duration}',
+                values: { duration: toDurationLabel(slo.timeWindow.duration) },
+              })
+            : toDurationAdverbLabel(slo.timeWindow.duration)}
+        </EuiText>
+      </EuiFlexItem>
+    </EuiFlexGroup>
+  );
+}
diff --git a/x-pack/plugins/observability/public/pages/slo_details/hooks/use_error_budget_actions.ts b/x-pack/plugins/observability/public/pages/slo_details/hooks/use_error_budget_actions.ts
new file mode 100644
index 000000000000..f0d8933615cf
--- /dev/null
+++ b/x-pack/plugins/observability/public/pages/slo_details/hooks/use_error_budget_actions.ts
@@ -0,0 +1,8 @@
+/*
+ * Copyright Elasticsearch B.V. and/or licensed to Elasticsearch B.V. under one
+ * or more contributor license agreements. Licensed under the Elastic License
+ * 2.0; you may not use this file except in compliance with the Elastic License
+ * 2.0.
+ */
+
+export function useErrorBudgetActions() {}
diff --git a/x-pack/plugins/observability/public/pages/slo_details/slo_details.test.tsx b/x-pack/plugins/observability/public/pages/slo_details/slo_details.test.tsx
index 9d0837bd6fc6..47e1594448b3 100644
--- a/x-pack/plugins/observability/public/pages/slo_details/slo_details.test.tsx
+++ b/x-pack/plugins/observability/public/pages/slo_details/slo_details.test.tsx
@@ -102,6 +102,11 @@ const mockKibana = () => {
           return '';
         },
       },
+      executionContext: {
+        get: () => ({
+          name: 'observability-overview',
+        }),
+      },
     },
   });
 };
diff --git a/x-pack/plugins/observability/public/plugin.ts b/x-pack/plugins/observability/public/plugin.ts
index d3684f5c90e8..686ac66ea51c 100644
--- a/x-pack/plugins/observability/public/plugin.ts
+++ b/x-pack/plugins/observability/public/plugin.ts
@@ -352,6 +352,15 @@ export class Plugin
         };
         registerSloAlertsEmbeddableFactory();
 
+        const registerSloErrorBudgetEmbeddableFactory = async () => {
+          const { SloErrorBudgetEmbeddableFactoryDefinition } = await import(
+            './embeddable/slo/error_budget/slo_error_budget_embeddable_factory'
+          );
+          const factory = new SloErrorBudgetEmbeddableFactoryDefinition(coreSetup.getStartServices);
+          pluginsSetup.embeddable.registerEmbeddableFactory(factory.type, factory);
+        };
+        registerSloErrorBudgetEmbeddableFactory();
+
         const registerAsyncSloAlertsUiActions = async () => {
           if (pluginsSetup.uiActions) {
             const { registerSloAlertsUiActions } = await import('./ui_actions');
diff --git a/x-pack/plugins/observability/tsconfig.json b/x-pack/plugins/observability/tsconfig.json
index 7030b487be7e..4aeef8105d1b 100644
--- a/x-pack/plugins/observability/tsconfig.json
+++ b/x-pack/plugins/observability/tsconfig.json
@@ -108,7 +108,7 @@
     "@kbn/aiops-utils",
     "@kbn/event-annotation-common",
     "@kbn/controls-plugin",
-    "@kbn/core-lifecycle-browser"
+    "@kbn/core-lifecycle-browser",
   ],
   "exclude": [
     "target/**/*"