Water scarcity, a critical environmental issue worldwide, has primarily been driven by a significant increase in water extractions during the last century. In the coming decades, climate and societal changes are projected to further exacerbate water scarcity in many regions worldwide. Today, a major issue for the ongoing policy debate is to identify interventions able to address water scarcity challenges in the presence of large uncertainties. Here, we take a probabilistic approach to assess global water scarcity projections following feasible combinations of Shared Socioeconomic Pathways (SSPs) and Representative Concentration Pathways (RCPs) for the first half of the 21st century. We identify-alongside trends in median water scarcity-changes in the uncertainty range of anticipated water scarcity conditions. Our results show that median water scarcity and the associated range of uncertainty are generally on the increase worldwide, including many major river basins. Based on these results, we develop a general decision-making framework to enhance policymaking by identifying four representative clusters of specific water-policy challenges and needs.

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s u m m a r yGrowing water extractions combined with emerging demands for environment protection increase competition for scarce water resources worldwide, especially in arid and semiarid regions. In those regions, climate change is projected to exacerbate water scarcity and increase the recurrence and intensity of droughts. These circumstances call for methodologies that can support the design of sustainable water management. This paper presents a hydro-economic model that links a reduced form hydrological component, with economic and environmental components. The model is applied to an arid and semiarid basin in Southeastern Spain to analyze the effects of droughts and to assess alternative adaptation policies. Results indicate that drought events have large impacts on social welfare, with the main adjustments sustained by irrigation and the environment. The water market policy seems to be a suitable option to overcome the negative economic effects of droughts, although the environmental effects may weaken its advantages for society. The environmental water market policy, where water is acquired for the environment, is an appealing policy to reap the private benefits of markets while protecting ecosystems. The current water management approach in Spain, based on stakeholders' cooperation, achieves almost the same economic outcomes and better environmental outcomes compared to a pure water market. These findings call for a reconsideration of the current management in arid and semiarid basins around the world. The paper illustrates the potential of hydro-economic modeling for integrating the multiple dimensions of water resources, becoming a valuable tool in the advancement of sustainable water management policies.

Abstract. We develop a new large-scale hydrological and water resources model, the Community Water Model (CWatM), which can simulate hydrology both globally and regionally at different resolutions from 30 arcmin to 30 arcsec at daily time steps. CWatM is open source in the Python programming environment and has a modular structure. It uses global, freely available data in the netCDF4 file format for reading, storage, and production of data in a compact way. CWatM includes general surface and groundwater hydrological processes but also takes into account human activities, such as water use and reservoir regulation, by calculating water demands, water use, and return flows. Reservoirs and lakes are included in the model scheme. CWatM is used in the framework of the Inter-Sectoral Impact Model Intercomparison Project (ISIMIP), which compares global model outputs. The flexible model structure allows for dynamic interaction with hydro-economic and water quality models for the assessment and evaluation of water management options. Furthermore, the novelty of CWatM is its combination of state-of-the-art hydrological modeling, modular programming, an online user manual and automatic source code documentation, global and regional assessments at different spatial resolutions, and a potential community to add to, change, and expand the open-source project. CWatM also strives to build a community learning environment which is able to freely use an open-source hydrological model and flexible coupling possibilities to other sectoral models, such as energy and agriculture.

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