“…Streamflow characteristics, such as the magnitude, frequency, and seasonality, can be affected by human‐induced land use and climate change that both intensify the global hydrologic cycle (Bosmans et al., 2017; Winsemius et al., 2016). Stemming from observation‐based studies and climate model projections, analyses of the sign and magnitude of peak annual streamflow changes in the historical period and the future remain controversial (Greve et al., 2018; Gudmundsson et al., 2019; Hirsch & Ryberg, 2012; Lins & Slack, 2005; Mallakpour & Villarini, 2015; Milly et al., 2005; Yang et al., 2017; Zhai et al., 2020). Nonetheless, there is high confidence that the frequency of extreme floods associated with annual streamflow maxima has increased over most regions, and this trend is likely to continue in the future (Arnell & Gosling, 2016; Hirabayashi et al., 2013; Hirsch & Archfield, 2015; Milly et al., 2002; Slater & Villarini, 2016; Swain et al., 2020).…”