Do Derived Drought Indices Better Characterize Future Drought Change?

Current methods for climate change assessment ignore the significant differences in uncertainty in model projections of the two key constituents of drought, precipitation, and evapotranspiration. We present here a new basis for assessing future drought using climate model simulations that addresses this limitation. The new method estimates the Standardized Precipitation Evapotranspiration Index (SPEI) in a two‐stage process. The first stage of our proposed approach is to derive the Standardized Precipitation Index (SPI) using reliable atmospheric variables, which are filtered with a wavelet‐based spectral transformation. This derived SPI is then converted to an equivalent SPEI by combining it with climate model evapotranspiration simulations. We assess the performance of our proposed approach across Australia. The consistency of general circulation model (GCM) drought projections, in terms of both frequency and severity, is improved using the derived SPI. Incorporating evapotranspiration further improves the consistency of the multiple GCMs and drought time scales. The proposed framework can also be generalized to other water resources applications, where the differences in GCM uncertainty for precipitation and evapotranspiration affect climate change impact assessments. Plain Language Summary: Drought is affected by both rainfall and evapotranspiration. Drought indices represent drought severity compared to normal conditions as a function of time. Some drought indices are based on rainfall alone and some use both rainfall and evapotranspiration in the calculations. To understand future drought risk, simulations from climate models are needed. Unfortunately, different climate models often disagree on amounts and patterns of rainfall in the future, the disagreement being considerably more on rainfall than for evapotranspiration. In this study, we attempt to reduce the impact of these differences by developing a new method to estimate future drought. We used a mathematical method known as wavelets to estimate drought indices based on rainfall. Evapotranspiration is then used directly from the climate model and combined with the rainfall based drought index to create one overall drought index. We used projections from multiple climate models to understand if our new method led to a greater agreement in how often and severe future droughts may be. Our results confirm that the new method offers greater consistency in drought projections for the future. Key Points: Current methods for projecting drought ignore differences in uncertainty between P and ET simulationsA new basis for projecting drought is proposed that explicitly accounts for relative uncertainty between P and ETOur results show that the new method offers greater consistency in drought projections for the future [ABSTRACT FROM AUTHOR]