Global flood mapping has developed rapidly over the past decade, but previous approaches have limited scope, function, and accuracy. These limitations restrict the applicability and fundamental science questions that can be answered with existing model frameworks. Harnessing recently available data and modelling methods, this paper presents a new global ~30 m resolution Global Flood Map (GFM) with complete coverage of fluvial, pluvial, and coastal perils, for any return period or climate scenario, including accounting for uncertainty. With an extensive compilation of global benchmark case studies – ranging from locally collected event water levels, to national inventories of engineering flood maps – we execute a comprehensive validation of the new GFM. For flood extent comparisons, we demonstrate that the GFM achieves a critical success index of ~0.75. In the more discriminatory tests of flood water levels, the GFM deviates from observations by ~0.6 m on average. Results indicating this level of global model fidelity are unprecedented in the literature. With an optimistic scenario of future warming (SSP1-2.6), we show end-of-century global flood hazard increases are limited to 9% (likely range -6–29%); this is within the likely climatological uncertainty of -8–12% in the current hazard estimate. In contrast, pessimistic scenario (SSP5-8.5) hazard changes emerge from the background noise in the 2040s, rising to a 49% (likely range of 7–109%) increase by 2100. This work verifies the fitness-for-purpose of this new-generation GFM for impact analyses with a variety of beneficial applications across policymaking, planning, and commercial risk assessment.