Shari and Denise are back with the second edition of the new and improved Sustainability Trends: Top 3 Picks for May 2021. They start with the latest IEA report on net-zero emissions pathways, then unravel some game changing news from global oil majors, and share an update on the booming electric vehicle sector.

This month’s picks:

1. IEA’s Net Zero by 2050: Roadmap for the Global Energy Sector
2. ExxonMobil, Chevron lose key shareholder votes and Dutch court orders Shell to cut emissions faster
3. A big month for electric vehicles

This month’s question comes from Rodney from Hong Kong, who asks if net-zero trends are impacting blended finance for climate. To share some insights, we welcome IFC’s Kruskaia Sierra-Escalante, Head of Blended Finance.

Relevant Links:

• Podcast show page: ifc.org/climatebiz
• IEA’s Net Zero by 2050: Roadmap for the Global Energy Sector: https://www.iea.org/reports/net-zero-by-2050
• David Dodwell, “IEA’s net zero emissions road map puts a knife to the fossil fuel industry’s neck", South China Morning Post
• IFC’s Blended Finance: ifc.org/blendedfinance