Todd Cort, faculty director of Yale University’s sustainability program, is expecting an "explosion of unpriced information", which he said active asset managers will use to outperform markets.

Alongside this, the needle is being moved back towards ESG-oriented funds and financial regulators are in the process of standardising climate information and disclosures, which should move markets quickly in 2024 and beyond.

Cort also shares why the language around fossil fuels to come out of COP28 was "monumental", but explains why COP outcomes tend to fizzle out.