About the Project
At present, the methods by which costs of flood damages are estimated vary significantly among federal and state/provincial jurisdictions and across the three CEC countries. There are significant data gaps in assessing uninsured losses, and much of the available data are not georeferenced adequately. Much of this information is not available in real-time either. Further, the economic impacts of cascading multi-hazards (for example, dry season > forest fires > floods > landslides) are not well documented. As a result of this situation, governmental agencies and private entities cannot easily assess “trade-offs” for infrastructure and institutional investments for enhancing disaster resilience. The information gaps also limit joint responses between US, Canada and Mexico, particularly when encountering extreme events that impact multiple jurisdictions.