Short-term drought, also known as "flash drought," refers to a period of abnormally dry weather that develops quickly, usually within a few weeks to a few months, and can result in significant impacts on agriculture, water supply, and ecosystems. Short-term droughts can cause rapid deterioration of crop conditions, increase fire risk, and stress water supplies for communities and industries. The short-term global Historical Drought Risk product uses well-established drought monitoring metrics such as Standardized Precipitation and Evaporation Index (SPEI).
The global Historical Drought Risk v2 products capture historical risk of drought across the globe using well-established drought monitoring metrics such as Standardized Precipitation and Evaporation Index (SPEI). This risk indicator was computed using the monthly time series of SPEI at six time scale (6-month, 12-month, 18-month, 24-month, 30-month, and 32-month) and applying the relative frequency approach – the ratio of the number of months when the index is below or equal to a threshold indicating drought of moderate magnitude (SPEI < -1) to the total number of possible outcomes, considering years 1950-2010 as a reference period. These products are categorised into short-term and long-term drought blends for different applications. Short-term products are more suited towards vegetative and agricultural drought monitoring, while the long-term products are more suited towards hydrological drought monitoring.