Forest investments at an early stage and standardized risk assessment methodologies for forests are rarely available, contrarily to what happens on the agriculture sector. So, following the FRM construction, we believe that the application of short-medium range forecasts and climate change scenarios will allow for a better understanding on how HDE's impacts potentially affect wood losses, therefore reducing potential risks [52].

Thus, and similarly to Task 5, Task 6 will rely on the same meteorological datasets for short-medium range temperature and precipitation probabilistic forecasts (4 weeks to 3 months) from the ECMWF, which will be used to produce new forecasted drought and soil moisture indicators (e.g., SPEI and SPI).

On the other hand, it is expected that the new GCMs comparison exercise will be available in 2018 at time for IMPECAF. If not, global simulations from CMIP5 will be used to evaluate the occurrence of HDEs for the European region.

However, the intrinsic scale of the impacts associated with such extreme phenomena requires modelling at higher resolution scales, i.e. regional modelling. The climate dataset to be used in this task corresponds to two high resolution WRF simulations, at 9km and 27km horizontal resolutions, respectively. These simulations will cover the entire Iberia Peninsula and will be forced by EC-EARTH for present and future climate. The past/present climate covers the 1971-2000 period, and the future from 2071 to 2100.

Moreover, the percentage of different types of forest, and biomass accumulation and/or consumption due to wildfires in considered regions will be analyzed under HDE impacts. Thus, this task has two main goals, namely is 1) to assess how forecasts will affect wood losses in a short-medium range; and 2) to assess how predictions will affect wood losses in future time.