This document presents a European flood risk model used to analyze climate change adaptation strategies. The model evaluates current and future flood risk across Europe under different climate and socioeconomic scenarios. It assesses exposure and vulnerability to estimate expected annual flood damage. The results show that socioeconomic changes may increase risk more than climate change by 2050. Adaptation strategies like improving flood protections and adapted building designs could significantly reduce risk and damage, demonstrating the benefits of adaptation. Next steps include assessing costs of adaptation measures.