Climate change intensifies the likelihood of extreme flood events worldwide, amplifying the potential for compound flooding. This evolving scenario represents an escalating risk, emphasizing the urgent need for comprehensive climate change adaptation strategies across society. Vital to effective response are models that evaluate damages, costs, and benefits of adaptation strategies, encompassing non-linearities and feedback between anthropogenic and natural systems. While flood risk modeling has progressed, limitations endure, including inadequate stakeholder representation and indirect risks such as business interruption and diminished tax revenues. To address these gaps, we propose an innovative version of the Climate-economy Regional Agent-Based model that integrates a dynamic, rapidly expanding agglomeration economy populated by interacting households and firms with extreme flood events. Through this approach, feedback loops and cascading effects generated by flood shocks are delineated within a socio-economic system of boundedly-rational agents. By leveraging extensive behavioral data, our model incorporates a risk layering strategy encompassing bottom-up and top-down adaptation, spanning individual risk reduction to insurance. Calibrated to resemble a research-rich coastal megacity in China, our model demonstrates how synergistic adaptation actions at all levels effectively combat the mounting climate threat. Crucially, the integration of localized risk management with top-down approaches offers explicit avenues to address both direct and indirect risks, providing significant insights for constructing climate-resilient societies.

Physical tipping points have gained a lot of attention in global and climate change research to understand the conditions for system transitions when it comes to the atmosphere and the biosphere. Social tipping points have been framed as mechanisms in socio-environmental systems, where a small change in the underlying elements or behavior of actors triggers a large non-linear response in the social system. With climate change becoming more acute, it is important to know whether and how societies can adapt. While social tipping points related to climate change have been associated with positive or negative outcomes, overstepping adaptation limits has been linked to adverse outcomes where actors' values and objectives are strongly compromised. Currently, the evidence base is limited, and most of the discussion on social tipping points in climate change adaptation and risk research is conceptual or anecdotal. This paper brings together three strands of literature - social tipping points, climate adaptation limits and systemic risks, which so far have been separate. Furthermore, we discuss methods and models used to illustrate the dynamics of social and adaptation tipping points in the context of cascading risks at different scales beyond adaptation limits. We end with suggesting that further evidence is needed to identify tipping points in social systems, which is crucial for developing appropriate governance approaches.