This decision comes amid substantial staffing cuts at NOAA under the Trump administration, which have prompted fears regarding public safety and the agency's ability to provide essential services.

Experts emphasize that the retirement of the database will hinder collective understanding and planning for climate impacts, making it more challenging for both public and private sectors to respond effectively.

Meteorologist Jeff Masters highlighted that the NOAA database is considered the 'gold standard' for evaluating disaster costs, and its removal is detrimental to understanding the financial impacts of climate change.

Experts like Jeremy Porter from First Street have warned that losing this vital resource will hinder efforts to measure and address climate-related risks, while Erin Sikorsky from The Center for Climate and Security cautioned that public awareness of these risks will diminish without reliable data.

Over the past five years, the average number of billion-dollar disasters has surged from nine to 24 annually, highlighting the urgent need for comprehensive data to assess future climate threats.

The database's unique methodology and reliance on proprietary data sources make its discontinuation particularly problematic for researchers and policymakers who rely on standardized information.

As climate change continues to influence the frequency and severity of extreme weather events, the cessation of this database may leave communities less informed about their risks, further complicating disaster preparedness.

Critics, including Maya Golden-Krasner from the Center for Biological Diversity, argue that this move obscures the financial impacts of climate disasters and undermines public preparedness, favoring the interests of oil companies.

The National Oceanic and Atmospheric Administration (NOAA) has announced that its Billion-dollar Weather and Climate Disasters database will be archived and will cease updates after 2024, raising significant concerns among experts.

The absence of government data will increase uncertainty in evaluating climate risks, potentially leading to higher costs for consumers and businesses as insurance premiums rise in response to greater risks from extreme weather.

According to Swiss Re, global insured losses from natural disasters are projected to reach $145 billion in 2025, underscoring the economic implications of inadequate climate data.