The number of low-carbon industrial projects that have secured funding over ​the last six months has more than doubled ‌year-on-year to 19, worth $43 billion, with the ​bulk of them in China, ⁠a report said on Monday.Some 13 of the projects that reached a final investment decision from November ‌to April were in China, ranging from methanol to aluminium, while only ‌one of them was in ‌the ⁠U.S., a report by the Mission Possible ⁠Partnership said.The 19 projects getting funding compared to eight projects in the same period a year ago, ​it added.Green industrial ‌investment accelerated during a period when the U.S. and Israel attacked Iran, pushing up prices of fossil fuels.“In an increasingly fragmented ‌and unstable environment, fossil-fuel dependence has shown ​time and again to mean exposure to price shocks, supply disruption, and ⁠economic crises,” said Faustine Delasalle, CEO of the MPP.The MPP is a U.S.-based non-profit ‌group seeking to boost the growth of low-emission industry and is supported by the Bezos Earth Fund and the World Economic Forum.The total pipeline of announced low-carbon industrial projects is 969 in sectors that include ‌chemicals, aviation, cement and metals.China accounts for 170 of ​the announced projects, while so-called “sunbelt” countries including India and Brazil have 318, Europe ⁠with 211 and the United States at ⁠72.“The United States has a significant pipeline, but is losing relative momentum,” the ‌report said, adding the number of announced projects dropped by 20 from 92 ​over 12 months.Published on June 8, 2026