Publication date: October 2016

Abstract

Building resilience may require the diversification from traditional economic activity, particularly in some developing countries that are vulnerable to climate change impacts.

In this factsheet, livelihood and economic diversification (LED) are considered as complementary and valuable tools that can effectively support the mid to long-term transformation of economies at risk. The combination of LED tools reflects an innovative approach for the Adaptation Committee (AC), to address the overall objective of strengthening resilience and decreasing vulnerability over time.

Under the UN Climate Change process, policy makers are aware of the importance of economic diversification and countries are invited to use LED approaches in order to build and enhance resilient socio-economic systems.