The document discusses the IPCC Special Report on managing risks from extreme climate events and disasters. It notes increased frequency and severity of floods and droughts due to changes in the hydrological cycle from climate change, including sea level rise and high sea surface temperatures. The document recommends scenario-based and adaptive management approaches to adaptation to minimize uncertainties and vulnerabilities. It presents a diagram showing the relationship between climate change, hazards, coping capacity, and the need to start adaptation as climate shifts from a stationary to changing regime.