XAIDA, an EU-funded project starting in September 2021, brings together the interdisciplinary expertise of a research consortium of 15 universities and research organizations. Our consortium unites experts in machine learning, statistics and climate modeling. Together we will design new methods and apply them to recent high-impact events to understand the role of climate change. Further, we will study if such events, or even more-intense ones, will occur in the future. We will collaborate with concerned stakeholders from different sectors to prepare risk assessment and adaptation strategies for extreme weather.