Coastal floods are one of the most dangerous and harmful natural hazards affecting urban areas adjacent to shorelines. The present paper discusses the FP7-ENV-2013 EU funded PEARL (Preparing for Extreme And Rare events in coastaL regions) project which brings together world leading expertise in both the domain of hydro-engineering and risk reduction and management services to pool knowledge and practical experience in order to develop more sustainable risk management solutions for coastal communities focusing on present and projected extreme hydro-meteorological events. The PEARL approach draws upon the complexity theory and the use of complex adaptive system (CAS) models as tools to identify root causes of vulnerabilities and their multi-stressors and to analyze risk and the behavior of key actors.@en