Changes in rainfall patterns and temperatures are likely to affect water resources in India. Also, changes in the extreme events will have direct implications on life and property. Adapting to the adverse effects of climate change becomes critical to avoid huge material and immaterial damages. This paper discusses the use of a multi-level and participatory approach to develop adaptation options to deal with climate related risks in a manner that contributes to stakeholder engagement, understanding of the risks, identification of the adaptation responses as well as its prioritization for risk reduction. It highlights the importance of involving stakeholders from multiple levels as each level corresponds with different priorities in adaptation options.