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The most significant impact of natural disasters is at the local level, where human settlements are destroyed and livelihoods are put at risk, economic losses are ensued, and there may be injuries or loss of life in the affected areas (Smith, 2004; Tran et al., 2009). Disaster potential can be conceptualised as the simultaneous occurrence of hazard (the geophysical environmental risk) and vulnerability (the social risk) (cf. Alexander, 1998). Within the context of climate change, in particular, hydrometeorological hazards are becoming more complex and the potential for greater adverse impacts increases (Pielke, 2005; IPCC WGI, 2007). One-in-one-hundred-years flooding events such as that of 2007 in the Gulf of Mexico are expected to become more frequent (SEMARNAT and INE, 2010). The number of recorded floods in Mexico has increased four-fold in the past fifty years and the associated economic losses …