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This dissertation presents a potential way forward for adaptation to climate change, termed the resilience approach. This approach takes a dynamic perspective on adaptive processes and the effects of these processes at/across different spatio-temporal scales. Experience is provided with four methods that can be used to apply the resilience approach: Adaptive Policy Making, Real-In-Options, Adaptation Tipping Points and - Adaptation Mainstreaming Opportunities. This dissertation discusses the concept, procedure and benefits/limitations of each method, examining its usefulness for informing investment decisions for flood risk management. It also gives specific recommendations on which method to use under what circumstances.

Floods are one of the most common and widely distributed natural risks to life and property worldwide. An important part of modern flood risk management is to evaluate vulnerability to floods. This evaluation can be done only by using a parametric approach. Worldwide there is a need to enhance our understanding of vulnerability and to also develop methodologies and tools to assess vulnerability. One of the most important goals of assessing flood vulnerability is to create a readily understandable link between the theoretical concepts of flood vulnerability and the day-to-day decision-making process and to encapsulate this link in an easily accessible tool.