Climate change is undoubtedly one of the world’s biggest challenges in the 21st century. Drought risk analysis, forecasting and assessment are facing rapid expansion, not only from theoretical but also practical points of view. Accurate monitoring, forecasting and comprehensive assessments are of the utmost importance for reliable drought-related decision-making. The framework of drought risk analysis provides a unified and coherent approach to solving inference and decision-making problems under uncertainty due to climate change, such as hydro-meteorological modeling, drought frequency estimation, hybrid models of forecasting and water resource management. This Special Issue will provide researchers with a summary of the latest drought research developments in order to identify and understand the profound impacts of climate change on drought risks and water resources. The ten peer-reviewed articles collected in this Special Issue present novel drought monitoring and forecasting approaches, unique methods for drought risk estimation and creative frameworks for environmental change assessment. These articles will serve as valuable references for future drought-related disaster mitigations, climate change interconnections and food productivity impacts.
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