that depend strongly on natural capital for both subsistence and as a source of income are particularly sensitive to climate risks; and are where perhaps adaptive actions are most urgently needed, even with smaller rises in temperature under the most optimistic scenarios. This applies to both the Global South and the Global North. Investments in any form of capital asset to support adaptation need to be mindful of reinforcing existing inequalities and introducing new ones, particularly if transformation takes place. This also underscores the importance of inclusive, polycentric governance in ensuring the voices of all groups are heard and that wide-ranging knowledge types are incorporated in decision making, nevertheless recognising that trade-offs are in- evitable.
IPCC
Climate Change 2022: Impacts, Adaptation and Vulnerability
IPCC Report