The assessment of aridity conditions is a key factor for water management and the implementation of mitigation and adaptation policies in agroforestry systems. Towards this aim three aridity indices were computed for the Iberian Peninsula (IP): the De Martonne Index (DMI), the Pinna Combinative Index (PCI), and the Erinç Aridity Index (EAI). These three indices were first computed for the baseline period 1961‒1990, using a gridded observational data (E-OBS), and, subsequently, for the periods 2011‒2040 (short-range) and 2041‒2070 (medium-range) using an ensemble of six Regional Climate Models (RCMs) experiments generated by the EURO-CORDEX project. Two Representative Concentration Pathways (RCPs) were analyzed, an intermediate anthropogenic radiative forcing scenario (RCP4.5) and a fossil-intensive emission scenario (RCP8.5). Overall, the three indices disclose a strengthening of aridity and dry conditions in central and southern Iberia until 2070, mainly under RCP8.5. Strong(weak) statistically significant correlations were found between these indices and the total mean precipitation (mean temperature) along with projected significant decreasing(increasing) trends for precipitation(temperature). The prevalence of years with arid conditions (above 70% for 2041‒2070 under both RCPs) are projected to have major impacts in some regions, such as southern Portugal, Extremadura, Castilla-La Mancha, Comunidad de Madrid, Andalucía, Región de Murcia, Comunidad Valenciana, and certain regions within the Aragón province. The projected increase in both the intensity and persistence of aridity conditions in a broader southern half of Iberia will exacerbate the exposure and vulnerability of this region to climate change, while the risk of multi-level desertification should be thoroughly integrated into regional and national water management and planning.

Volatility is the most widespread measure of risk. Volatility modeling allows investors to capture potential losses and investment opportunities. This work aims to examine the impact of the two waves of COVID-19 infections on the return and volatility of the stock market indices of the euro area countries. The study also focuses on other important aspects such as time-varying risk premium and leverage effect. Thus, this investigation employed the Threshold GARCH(1,1)-in-Mean model with exogenous dummy variables. Daily returns of ten euro area stock indices from 4th January 2016 to 31th December 2020 has been used for the analysis. The results reveal that euro area stock markets respond differently to the COVID-19 pandemic. Specifically, the first wave of COVID-19 infections had a notable impact on stock market volatility of euro area countries with large and middle financial centres while the second wave had a significant impact only on stock market volatility of Belgium.

This study analyzes the potential response of the seasonal cycle of heatwave (HWDI), dry (CDD) and wet (CWD) spells indices over West Africa for the near (2031-2060) and the far (2071-2100) future periods, under RCP4.5 and RCP8.5 scenarios using CORDEX simulations. Although some relative biases during the historical period (1976-2005), the CORDEX simulations and their ensemble mean outperform the seasonal variability of the above indices over three defined sub-regions of West Africa (i.e., Guinea gulf, west and east Sahel). They have shown significant correlation coefficients and less RMSE. They project an increase in heatwave days for both near and far future periods over whole west Africa region under both RCP scenarios. In addition, the Sahel regions will face to a decrease in wet spells days from March to November, whereas, the Gulf of Guinea will face to a decrease during all the year, except CCCLM simulation which indicates an increase during the retreat phase of the monsoon (October to December). The results also have shown an increase in dry spells over Sahel regions, more pronounced during March-November period, whereas, over Guinea gulf, the increase is observed over the entire year. On the other hand, the months of increasing dry spells and decreasing wet spells coincide, suggesting that countries in these regions could be exposed simultaneously to dry season associated with a high risk of drought and heatwave under future climate conditions.

Water resources planners and policymakers often ask questions about the future projections of drought characteristics (events, intensity, severity, duration, and peak) under different climatic scenarios. This study focused on quantifying the historical (1951-2005) and future (2026-2100) drought characteristics using the Standardized precipitation index (SPI) under RCP 4.5 and RCP 8.5 climate scenarios for the Balochistan province of Pakistan, an arid and drought-vulnerable region. Precipitation data of MPI-ESM-LR_RCA4 RCM was obtained from the Coordinated Regional Climate Downscaling Experiment South Asia (CORDEX-SA). The CORDEX-SA data was interpolated at 12-gauge stations and bias-corrected by the distribution mapping method using Asian Precipitation - Highly-Resolved Observational Data Integration towards Evaluation (APHRODITE) data. The drought characteristics were calculated based on standardized precipitation index (SPI), and intercompared between northern Balochistan (NB) and southern Balochistan (SB). It was found that the northern Balochistan (NB) region has suffered more droughts in the historical period and is also projected to have more severe and intense droughts than SB region. It was also found that with the increase of drought events, the duration reduces, which means that the higher the drought events at a station, the lower the drought duration. Government officials should focus more on managing the already few freshwater resources sustainably, given the increased likelihood of droughts in Balochistan due to climate change.

This study focusses on identifying a set of representative future climate projections for the Upper Indus Basin (UIB). Although a large number of GCM’s predictor sets are nowadays available in the CMIP5 archive, the issue of their reliability for specific regions must still be confronted. This situation makes it imperative to sort out the most appropriate, single or small-ensemble set of GCMs for the assessment of climate change impacts in a region. Here a set of different approaches is adopted and applied for a step-wise shortlist and selection of appropriate climate models for the UIB under two RCPs: RCP 4.5 and RCP 8.5, based on, a) range of projected mean changes, b) range of projected extreme changes, and c) skill in reproducing the past climate. Furthermore, because of higher uncertainties in climate projection for high mountainous regions like the UIB, a wider range of future GCM climate projections is considered by using all possible future extreme scenarios (wet-warm, wet-cold, dry-warm, dry-cold). Based on this two-fold procedure, a limited number of climate models is pre-selected, out of which the final selection is done by assigning ranks to the weighted score for each of the mentioned selection criteria. The dynamically downscaled climate projections from the Coordinated Regional Downscaling Experiment (CORDEX) available for the top-ranked GCMs are further statistically downscaled (bias-corrected) over the UIB. The downscaled projections up to year 2100 indicate temperature increases ranging between 2.3 °C and 9.0 °C and precipitation changes that range, from a slight annual increase of 2.2% under the drier scenarios, to as high as 15.9% for the wet scenarios. Moreover, for all scenarios, the future precipitation will be more extreme, as the probability of wet days will decrease, while, at the same time, the precipitation intensities will increase. The spatial distribution of the downscaled predictors across the UIB also shows similar patterns for all scenarios, with a distinct precipitation decrease over the south-eastern parts of the basin, but an increase in the northeastern parts. These two features are particularly intense for the “Dry-Warm” and the “Median” scenarios over the late 21st century.

In recent years, the need to make the built environment more resilient and adaptable to climate change has become increasingly evident. In Europe, this aspect concerns the vast majority of existing buildings, which present several deficiencies from the energy-efficiency point of view, considering they were designed before the introduction of modern energy codes. Nowadays, it is possible to retrofit existing buildings using advanced and high-efficient technologies such as Double Skin Façades (DSFs). The research aims to evaluate the use of properly designed DSFs for the energy restoration of existing buildings. In detail, various DSF configurations are applied to a residential building located in central Italy and investigated under present and future climate conditions, estimated through regional climate models. The results underline that all the analysed Double Skin Façades confirm to be a useful option, and, in particular, the Multi-Storey typology allows drastic energy needs decrement. Moreover, the general increase in temperatures and solar radiations could affect the building energy performance, and the insertion of DSF can mitigate the climate change effects, reducing the predicted energy consumption and ensuring better behaviours than the building in its original state.