7,348 major disaster events had occurred between 2000 and 2019, claiming 1.23 lives, affecting 4.2 billion people and costing the global economy some $2.97 trillion.Of this, China (577 events) and the United States of America (U.S.) (467 events) reported the highest number of disaster events ,followed by India (321 events). Climate change is to be blamed for the doubling of natural disasters in the past 20 years says the report.