Parties have been requested to update their existing NDCs or communicate new ones by 2020. To achieve the 2030 objectives, countries will need to be far more ambitious in preparing their new NDCs for submission. From 1998 to 2017, climate-related disasters around the world accounted for 77 per cent of the nearly $3 trillion in direct economic losses from disasters. Over that period, climate-related and geophysical disasters claimed an estimated 1.3 million lives.