According to ECLAC estimates, disasters dating back to 1972 have caused approximately 311,000 fatalities, displaced 34 million people and caused US$ 140 billion in damages and US$ 70 billion in losses (at 2000 prices) (see Bello, Ortiz and Samaniego, 2012). Analysis of the vulnerability and exposure of coastal regions in Latin America and the Caribbean to the potential alterations of climate change has identified countries in which almost the entire population lives in flood-prone areas. These include the Turks and Caicos Islands, the Cayman Islands, the Bahamas, Barbados, Grenada and Dominica.