Risk management has reduced vulnerability to floods and droughts globally^1,2, yet their impacts are still increasing³. An improved understanding of the causes of changing impacts is therefore needed, but has been hampered by a lack of empirical data^4,5. On the basis of a global dataset of 45 pairs of events that occurred within the same area, we show that risk management generally reduces the impacts of floods and droughts but faces difficulties in reducing the impacts of unprecedented events of a magnitude not previously experienced. If the second event was much more hazardous than the first, its impact was almost always higher. This is because management was not designed to deal with such extreme events: for example, they exceeded the design levels of levees and reservoirs. In two success stories, the impact of the second, more hazardous, event was lower, as a result of improved risk management governance and high investment in integrated management. The observed difficulty of managing unprecedented events is alarming, given that more extreme hydrological events are projected owing to climate change³.

Simulation models of multi‐sector systems are increasingly used to understand societal resilience to climate and economic shocks and change. However, multi‐sector systems are also subject to numerous uncertainties that prevent the direct application of simulation models for prediction and planning, particularly when extrapolating past behavior to a nonstationary future. Recent studies have developed a combination of methods to characterize, attribute, and quantify these uncertainties for both single‐ and multi‐sector systems. Here, we review challenges and complications to the idealized goal of fully quantifying all uncertainties in a multi‐sector model and their interactions with policy design as they emerge at different stages of analysis: (a) inference and model calibration; (b) projecting future outcomes; and (c) scenario discovery and identification of risk regimes. We also identify potential methods and research opportunities to help navigate the tradeoffs inherent in uncertainty analyses for complex systems. During this discussion, we provide a classification of uncertainty types and discuss model coupling frameworks to support interdisciplinary collaboration on multi‐sector dynamics (MSD) research. Finally, we conclude with recommendations for best practices to ensure that MSD research can be properly contextualized with respect to the underlying uncertainties.

We investigate the ability of hydrological multimodel ensemble predictions to enhance the skill of streamflow forecasts at short‐ to medium‐range timescales. To generate the multimodel ensembles, we implement a new statistical postprocessor, namely, quantile regression‐Bayesian model averaging (QR‐BMA). Quantile regression‐Bayesian model averaging uses quantile regression to bias correct the ensemble streamflow forecasts from the individual models and Bayesian model averaging to optimally combine their probability density functions. Additionally, we use an information‐theoretic measure, namely, conditional mutual information, to quantify the skill enhancements from the multimodel forecasts. We generate ensemble streamflow forecasts at lead times from 1 to 7 days using three hydrological models: (i) Antecedent Precipitation Index‐Continuous, (ii) Hydrology Laboratory‐Research Distributed Hydrologic Model, and (iii) Weather Research and Forecasting Hydrological modeling system. As forcing to the hydrological models, we use weather ensemble forecasts from the National Centers for Environmental Prediction 11‐member Global Ensemble Forecast System Reforecast version 2. The forecasting experiments are performed for four nested basins of the North Branch Susquehanna River, USA. We find that after bias correcting the streamflow forecasts from each model, their skill performance becomes comparable. We find that the multimodel ensemble forecasts have higher skill than the best single‐model forecasts. Furthermore, the skill enhancements obtained by the multimodel ensemble forecasts are found to be dominated by model diversity, rather than by increased ensemble size alone. This result, obtained using conditional mutual information, indicates that each hydrological model contributes additional information to enhance forecast skill. Overall, our results highlight benefits of hydrological multimodel forecasting for improving streamflow predictions.

Climate change and climate variability drive rapid glacier melt and snowpack loss, extreme precipitation and temperature events, and alteration of water availability in the Himalayas. There is increasing observational evidence of climate change impacts on water resource availability and agricultural productivity in the central Himalayan region. Here, we assess the farmers’ perception of climate change and its impacts on agriculture in western Nepal. We interviewed 554 households and conducted eight focus group discussions to collect farmers’ perceptions of temperature and rainfall characteristics, water availability, onset and duration of different seasons, and the impacts of such changes on their lives and livelihoods. Our results indicate that the farmers’ perceptions of rising annual and summer temperatures are consistent with observations. Perception, however, contradicts observed trends in winter temperature, as well as annual, monsoon, and winter precipitation. In addition, farmers are increasingly facing incidences of extreme events, including rainfall, floods, landslides, and droughts. These hazards often impact agricultural production, reducing household income and exacerbating the economic impacts on subsistence farmers. Integrated assessment of farmers’ perceptions and hydrometeorological observations is crucial to improving climate change impact assessment and informing the design of mitigation and adaptation strategies.

The relative roles of statistical weather preprocessing and streamflow postprocessing in hydrological ensemble forecasting at short- to medium-range forecast lead times (day 1–7) are investigated. For this purpose, a regional hydrologic ensemble prediction system (RHEPS) is developed and implemented. The RHEPS is comprised of the following components: (i) hydrometeorological observations (multisensor precipitation estimates, gridded surface temperature, and gauged streamflow); (ii) weather ensemble forecasts (precipitation and near-surface temperature) from the National Centers for Environmental Prediction 11-member Global Ensemble Forecast System Reforecast version 2 (GEFSRv2); (iii) NOAA's Hydrology Laboratory-Research Distributed Hydrologic Model (HL-RDHM); (iv) heteroscedastic censored logistic regression (HCLR) as the statistical preprocessor; (v) two statistical postprocessors, an autoregressive model with a single exogenous variable (ARX(1,1)) and quantile regression (QR); and (vi) a comprehensive verification strategy. To implement the RHEPS, 1 to 7 days weather forecasts from the GEFSRv2 are used to force HL-RDHM and generate raw ensemble streamflow forecasts. Forecasting experiments are conducted in four nested basins in the US Middle Atlantic region, ranging in size from 381 to 12 362 km². Results show that the HCLR preprocessed ensemble precipitation forecasts have greater skill than the raw forecasts. These improvements are more noticeable in the warm season at the longer lead times (> 3 days). Both postprocessors, ARX(1,1) and QR, show gains in skill relative to the raw ensemble streamflow forecasts, particularly in the cool season, but QR outperforms ARX(1,1). The scenarios that implement preprocessing and postprocessing separately tend to perform similarly, although the postprocessing-alone scenario is often more effective. The scenario involving both preprocessing and postprocessing consistently outperforms the other scenarios. In some cases, however, the differences between this scenario and the scenario with postprocessing alone are not as significant. We conclude that implementing both preprocessing and postprocessing ensures the most skill improvements, but postprocessing alone can often be a competitive alternative.