Unlike other natural disasters, drought is one of the most severe threats to all living beings globally. Due to global climate change, the frequency and duration of droughts have increased in many parts of the world. Therefore, accurate prediction and forecasting of droughts are essential for effective mitigation policies and sustainable research. In recent research, the use of ensemble global climate models (GCMs) for simulating precipitation data is common. The objective of this research is to enhance the multi-model ensemble (MME) for improving future drought characterizations. In this research, we propose the use of relative importance metric (RIM) to address collinearity effects and point-wise discrepancy weights (PWDW) in GCMs. Consequently, this paper introduces a new statistical framework for weighted ensembles called the discrepancy-enhanced beta weighting ensemble (DEBWE). DEBWE enhances the weighted ensemble data of precipitation simulated by multiple GCMs. In DEBWE, we addressed uncertainties in GCMs arising from collinearity and outliers. To evaluate the effectiveness of the proposed weighting framework, we compared its performance with the simple average multi-model ensemble (SAMME), Taylor skill score ensemble (TSSE), and mutual information ensemble (MIE). Based on the Kling-Gupta efficiency (KGE) metric, DEBWE outperforms all competitors across all evaluation criteria. These inferences are based on the analysis of historical simulated data from 22 GCMs in the CMIP6 project. The quantitative performance indicators strongly support the superiority of DEBWE. The median and mean KGE values for DEBWE are 0.2650 and 0.2429, compared to SAMME (0.1000, 0.0991), TSSE (0.2600, 0.2397), and MIE (0.1550, 0.1511). For drought assessment, we computed the adaptive standardized precipitation index (SPI) for three future scenarios: SSP1-2.6, SSP2-4.5, and SSP5-8.5. The steady-state probabilities suggest that normal drought (ND) is the most frequent condition, with extreme events (dry or wet) being less probable.