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Floods and droughts cause large economic and environmental impacts and incalculable human suffering. Despite growing evidence of important synergies in their management, floods and droughts tend to be mostly managed in silos. The synergistic management of flood and drought risk is limited by the inability of current governance systems to change at the scope, depth and speed required to address the emerging challenges of climate change induced hydroclimatic risks. Building on the concept of continuous transformational change and combining key elements across sectoral governance frameworks, this paper proposes a transformative governance conceptual framework that enables national governments to work across silos in a whole of government approach to lead a whole of society effort to manage the whole hydroclimatic spectrum. Spain, a country with an advanced hydroclimatic risk management system, is presented as an illustrative example to explore the possible idiosyncrasies of implementing the proposed changes on the ground. © 2025 Núñez Sánchez et al. This is an open access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
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Abstract Risk management has reduced vulnerability to floods and droughts globally 1,2 , yet their impacts are still increasing 3 . An improved understanding of the causes of changing impacts is therefore needed, but has been hampered by a lack of empirical data 4,5 . On the basis of a global dataset of 45 pairs of events that occurred within the same area, we show that risk management generally reduces the impacts of floods and droughts but faces difficulties in reducing the impacts of unprecedented events of a magnitude not previously experienced. If the second event was much more hazardous than the first, its impact was almost always higher. This is because management was not designed to deal with such extreme events: for example, they exceeded the design levels of levees and reservoirs. In two success stories, the impact of the second, more hazardous, event was lower, as a result of improved risk management governance and high investment in integrated management. The observed difficulty of managing unprecedented events is alarming, given that more extreme hydrological events are projected owing to climate change 3 .