Activity under preparation Tackling Loss and Damage through climate and disaster risk finance and insurance The present Action will focus on the implementation of Pillar 4 of the Team Europe Initiative on Adaptation and Resilience in Africa.The action aims to provide financial protection to populations, livelihoods, ecosystems and assets against the impacts of climate change and natural hazards in Africa. The Specific Objectives (Outcomes) of this action are: i) to improve the understanding and management of climate and disaster risks in AU Member States, ii) to increase the availability of effective CDRFI solutions offered to AU countries and populations, and iii) to increase access of AU Member States to CDRFI tools and products.