The co-authors of the report, Too Hot to Handle, include former Australian Defence Force chief Chris Barrie.
He says a continued failure to adequately account for the magnitude of the risks not only jeopardises the nation's future safety - but also puts at risk billions of dollars.
Retired admiral Barrie says a visit to Australia by the former chief of defence of the Netherlands, Tom Middendorp, and his address at the National Press Club on climate security, highlights how Australia is behind other countries when it comes to planning the response to climate security risks - with the goal of safeguarding the future stability of our region and beyond.
Mr Barrie spoke to SBS News' Biwa Kwan for this edition of Weekend One on One.