Katta O’Donnell, 23, says her claim will put government ‘on trial for misconduct’ for failing to address climate change

A Melbourne university student has launched what has been described as a world-first legal case against the Australian government, accusing it of misleading investors in sovereign bonds by failing to disclose the financial risk caused by the climate crisis.

In a claim filed in the federal court on Tuesday, Katta O’Donnell, a fifth-year law student at La Trobe University, said the government was breaching a legal duty and deceiving investors by not informing them upfront of the climate risk they face.

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