12/16/2021
The CEC policy brief on flood costing methods in Canada, Mexico, and the US recommends:
1) Modified monitoring and data collection]
2) Employing a shared methodology between the three countries
3) Developing a definition for extreme flooding, including identification of hydrological, societal and economic thresholds
http://www.cec.org/files/documents/publications/11877-developing-comprehensive-methodology-evaluating-economic-impacts-floods-in-en.pdf