The flash flood-affected wetland region of Bangladesh contributes around 20–25% of the annual Boro rice production, which is vital for local, regional, and national food security. Considering the crucial significance of Boro rice and the growing susceptibility of wetland regions to flash floods and climate change, it is imperative to investigate viable approaches and adaptation methods to reduce the adverse effects on agricultural output. This review study investigated the relationships between wetlands, climate change, and coping mechanisms while incorporating economic and advanced satellite remote sensing approaches. Through a comprehensive analysis of flash flood impacts on Boro rice yield using satellite remote sensing technique, the findings revealed significant adverse effects on the vegetative reproduction of Boro rice in the study areas. Notably, flash floods in 2017 exhibited more pronounced impacts than other years (2018 and 2019), underscoring the urgency for effective and integrated coping strategies to ensure sustainable agricultural production. Consequently, the study identified and discussed probable coping strategies, including changes in cropping patterns through land suitability assessment, evaluating vulnerable areas through vulnerability mapping, analyzing yield forecasting models, and introducing a damage-based crop insurance approach to mitigate farmers’ losses. These probable adaptation strategies will offer viable solutions to address the recurrent issue of flash floods and safeguard sustainable agricultural production in the wetland areas of Bangladesh. Considering the current situation, climate change issues and probable alternative coping strategies are crucial for developing a resilient agricultural system in light of flash floods, ensuring the long-term viability of wetland agriculture. The study outcomes provide valuable insights for policymakers, researchers, and stakeholders in wetland agricultural planning and management to develop proper and long-term sustainable adaptation and mitigation strategies.