Severe droughts can affect water security even in countries with ample water resources. In addition, droughts are estimated to become more frequent in several regions due to changing climate. Drought affects many socio-economic sectors (e.g., agriculture, water supply, and industry), as it did in 2018 in Finland. Understanding the basin-wide picture is crucial in drought management planning. To identify vulnerable and water stressed areas in Finland, a water use-to-availability analysis was executed with a reference drought. Water stress was analyzed with the Water Depletion Index WDI. The analysis was executed using national water permits and databases. To represent a severe but realistic drought event, we modelled discharges and runoffs from the worst drought of the last century in Finland (1939)(1940)(1941)(1942). The potential for performing similar analyses in data scarce contexts was also tested using estimates from global models as a screening tool. The results show that the South and Southwest of Finland would have problems with water availability during a severe drought. The most vulnerable areas would benefit from drought mitigation measures and management plans. These measures could be incorporated into the EU River Basin Management Plans.

Severe droughts cause substantial damage to different socio-economic sectors, and even Finland, which has abundant water resources, is not immune to their impacts. To assess the implications of a severe drought in Finland, we carried out a national scale drought impact analysis. Firstly, we simulated water levels and discharges during the severe drought of 1939–1942 (the reference drought) in present-day Finland with a hydrological model. Secondly, we estimated how climate change would alter droughts. Thirdly, we assessed the impact of drought on key water use sectors, with a focus on hydropower and water supply. The results indicate that the long-lasting reference drought caused the discharges to decrease at most by 80% compared to the average annual minimum discharges. The water levels generally fell to the lowest levels in the largest lakes in Central and South-Eastern Finland. Climate change scenarios project on average a small decrease in the lowest water levels during droughts. Severe drought would have a significant impact on water-related sectors, reducing water supply and hydropower production. In this way drought is a risk multiplier for the water–energy–food security nexus. We suggest that the resilience to droughts could be improved with region-specific drought management plans and by including droughts in existing regional preparedness exercises.

Abstract. Drought events and their impacts vary spatially and temporally due to diverse pedo-climatic and hydrologic conditions, as well as variations in exposure and vulnerability, such as demographics and response actions. While hazard severity and frequency of past drought events have been studied in detail, little is known about the effect of drought management strategies on the actual impacts and how the hazard is perceived by relevant stakeholders. In a continental study, we characterised and assessed the impacts and the perceptions of two recent drought events (2018 and 2019) in Europe and examined the relationship between management strategies and drought perception, hazard, and impact. The study was based on a pan-European survey involving national representatives from 28 countries and relevant stakeholders responding to a standard questionnaire. The survey focused on collecting information on stakeholders' perceptions of drought, impacts on water resources and beyond, water availability, and current drought management strategies on national and regional scales. The survey results were compared with the actual drought hazard information registered by the European Drought Observatory (EDO) for 2018 and 2019. The results highlighted high diversity in drought perception across different countries and in values of the implemented drought management strategies to alleviate impacts by increasing national and sub-national awareness and resilience. The study identifies an urgent need to further reduce drought impacts by constructing and implementing a European macro-level drought governance approach, such as a directive, which would strengthen national drought management and mitigate damage to human and natural assets.