“…In the past decade, SPEI has been one of the most widely used drought metrics worldwide. It has been used for different applications, including drought risk assessment (e.g., Blauhut et al, 2015; Domínguez‐Castro et al, 2019), analysis of drought evolution (e.g., Chen & Sun, 2015; Spinoni et al, 2014; Spinoni, Barbosa, Bucchignani, et al, 2019), assessment of drought impacts in different socioeconomic (e.g., Bachmair et al, 2015, 2016; Gu et al, 2020; Leng & Hall, 2019; Ribeiro et al, 2019; Von Uexkull et al, 2016; Zampieri et al, 2017), hydrological (e.g., Barker et al, 2016; Peña‐Gallardo et al, 2019) and environmental systems (e.g., Babst et al, 2019; Bachmair et al, 2018; Fang et al, 2019; Knapp et al, 2015; Mitchell et al, 2014; Slette et al, 2019; Zimmermann et al, 2015), and characterization of drought in future scenarios (e.g., Chen & Sun, 2017; Dewes et al, 2017; Gu et al, 2020; Naumann et al, 2018; Spinoni, Barbosa, De Jager, et al, 2019).…”