Recent floods have become more abundant and more destructive than ever in many regions of the globe. Destructive floods observed in the 1990s all over the world have led to record-high material damage, with total losses exceeding one billion US dollars in each of two dozen events. The immediate question emerges as to the extent to which a sensible rise in flood hazard and vulnerability can be linked to climate variability and change. Links between climate change and floods have found extensive coverage in the Third Assessment Report (TAR) of the Intergovernmental Panel on Climate Change (IPCC). Since the material on floods is scattered over many places of two large volumes of the TAR, the present contribution - a guided tour to floods in the IPCC TAR – may help a reader notice the different angles from which floods were considered in the IPCC report. As the water-holding capacity of the atmosphere grows with temperature, the potential for intensive precipitation also increases. Higher and more intense precipitation has been already observed and this trend is expected to increase in the future, warmer world. This is a sufficient condition for flood hazard to increase. Yet there are also other, non-climatic, factors exacerbating flood hazard. According to the IPCC TAR, the analysis of extreme events in both observations and coupled models is underdeveloped. It is interesting that the perception of floods in different parts of the TAR is largely different. Large uncertainty is emphasized in the parts dealing with the science of climate change, but in the impact chapters, referring to sectors and regions, growth in flood risk is taken for granted. Floods have been identified on short lists of key regional concerns. Copyright Kluwer Academic Publishers 2004
