Water is the primary medium through which climate change influences the Earth’s ecosystems and therefore people’s livelihoods and wellbeing. Besides climatic change, current demographic trends, economic development and related land use changes have direct impact on increasing demand for freshwater resources. Taken together, the net effect of these supply and demand changes is affecting the vulnerability of water resources. The concept of ‘vulnerability’ is not straightforward as there is no universally accepted approach for assessing vulnerability.