This paper investigates the impact of climate change on drought by addressing two questions: (1) How reliable is the assessment of climate change impact on drought based on state-of-the-art climate change projections and downscaling techniques? and (2) Will the impact be at the same level from meteorological, agricultural, and hydrologic perspectives? Regional climate change projections based on dynamical downscaling through regional climate models (RCMs) are used to assess drought frequency, intensity, and duration, and the impact propagation from meteorological to agricultural to hydrological systems. The impact on a meteorological drought index (standardized precipitation index, SPI) is first assessed on the basis of daily climate [...]