The response of severe thunderstorms to a changing climate is a rapidly growing area of research. Severe thunderstorms are one of the largest contributors to global losses in excess of USD $10 billion per year in terms of property and agriculture, as well as dozens of fatalities. Phenomena associated with severe thunderstorms such as large hail (greater than 2 cm), damaging winds (greater than 90 kmh−1), and tornadoes pose a global threat, and have been documented on every continent except Antarctica. Limitations of observational records for assessing past trends have driven a variety of approaches to not only characterize the past occurrence but provide a baseline against which future projections can be interpreted. These proxy methods have included using environments or conditions favorable to the development of thunderstorms and directly simulating storm updrafts using dynamic downscaling. Both methodologies have demonstrated pronounced changes to the frequency of days producing severe thunderstorms. Major impacts of a strongly warmed climate include a general increase in the length of the season in both the fall and spring associated with increased thermal instability and increased frequency of severe days by the late 21st century. While earlier studies noted changes to vertical wind shear decreasing frequency, recent studies have illustrated that this change appears not to coincide with days which are unstable. Questions remain as to whether the likelihood of storm initiation decreases, whether all storms which now produce severe weather will maintain their physical structure in a warmer world, and how these changes to storm frequency and or intensity may manifest for each of the threats posed by tornadoes, hail, and damaging winds. Expansion of the existing understanding globally is identified as an area of needed future research, together with meaningful consideration of both the influence of climate variability and indirect implications of anthropogenic modification of the physical environment.