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To meet the requirement of high-resolution datasets for many applications, a dynamical downscaling approach using a regional climate model (the WRF Model) driven by a global climate model (CCSM4) has been adopted. This study focuses on projections of future moisture flux changes over the Tibetan Plateau (TP). First, the downscaling results for the historical period (1980–2005) are evaluated for precipitation P, evaporation E, and precipitation minus evaporation P − E against Global Land Data Assimilation System (GLDAS) data. The mechanism of P − E changes is analyzed by decomposition into dynamic, thermodynamic, and transient eddy components. Whether the historical period changes and mechanisms continue into the future (2010–2100) is investigated using the WRF and CCSM model projections under the RCP4.5 and RCP8.5 scenarios. Compared with coarse-resolution forcing, downscaling was found to better reproduce the historical spatial patterns and seasonal mean of annual average P, E, and P − E over the TP. WRF projects a diverse spatial variation of P − E changes, with an increase in the northern TP and a decrease in the southern TP, compared with the uniform increase in CCSM. The dynamic component dominates P − E changes for the historical period in both the CCSM and WRF projections. In the future, however, the thermodynamic component in CCSM dominates P − E changes under RCP4.5 and RCP8.5 from the near-term (2010–39) to the long-term (2070–99) future. Unlike the CCSM projections, the WRF projections reproduce the mechanism seen in the historical period—that is, the dynamic component dominates P − E changes. Furthermore, future P − E changes in the dynamical downscaling are less sensitive to warming than its coarse-resolution forcing. [ABSTRACT FROM AUTHOR]