This book explores the current challenges with regard to uncertainty and risk in water management, as well as the interlinkages between drought and water management. It focuses on the challenges for water management organisations, which are expected to adapt to such changes and implement adaptive water management. The book proposes a methodology for assessing organisations' adaptive capacity, named REACT, and demonstrates its application in a case study. It subsequently analyses the barriers hindering water management organisations' ability to adapt, and investigates the socio-cultural and economic barriers in water governance to applying adaptive water management (AWM) strategies. Lastly, the book describes how to enable AWM in order to face current and future drought risks by integrating it with drought risk management. Given its scope, it will appeal to scientists, pracademics and professionals from academia, the water industry and involved in policymaking.