“…Policies and water management practices in the region have, so far, consistently emphasized increasing the supply of water to the various users, irrespective of the financial, social, or environmental costs. This has resulted in the UIB being particularly vulnerable to water stress, which is likely to worsen in the future (Immerzeel et al., 2020; Smolenaars et al., 2021), with knock‐on effects on the ecosystems and communities that depend on them. At the same time, global climate change is likely to result in considerable (yet poorly quantified) changes to the seasonality and composition of runoff in the future, which are likely to have considerable impacts on the regional hydrologic regime and water supplies (Dahri, Ludwig, Moors, Ahmad, et al., 2021; Immerzeel et al., 2013; Krishnan et al., 2019; Lutz et al., 2014, 2016; Sabin et al., 2020).…”