A semi-empirical model has been used to estimate total net primary productivity, canopy transpiration and the water use efficiency under actual and future climate projections (B1 and A2 IPCC Scenarios) of two deciduous (Fagus sylvatica, Quercus cerris) and one evergreen tree species (Quercus ilex) growing in Italy. In response to changes in the air temperature, the two deciduous species showed a strong reduction of NPP values, whereas the evergreen one showed very limited reductions. Under future warmer conditions, Q. ilex proved to be the best adapted species, probably for its drought-tolerant water-saving strategy, while Q. cerris suffered a reduction of transpiration, due to stomatal closure which was sensitive to the change of evaporative demand. Water Use Efficiency (WUE) values did not increase in the B1 and A2 scenarios, indicating a non-conservative water-saving strategy, which likely affected the distribution pattern of Q. cerris under these conditions. Similar functional behaviour have been noted for F. sylvatica, although this species adopted a water spending strategy, typical of species growing in mesic environments, that could represent a risk for survival of beech population under extreme air temperature change. In this respect, the reduced suitable area for this species under the A2 scenario could reduce the possibilities of an upward shift toward higher altitudes.