Livelihood diversification is a key coping and adaptation strategy to climatic and non-climatic risks . There is robust evidence  that diversifying livelihoods improves incomes and reduces socioeconomic vulnerability, but depending on livelihood type, opportunities and local context, feasibility changes  . Livelihood diversification has positive and negative outcomes for adaptive capacity, especially in ecologically and resource-stressed regions , with diversification predominantly out of rural farm-based livelihoods on the rise . Key barriers to livelihood diversification include socio-cultural and institutional barriers  as well as inadequate resources and livelihood opportunities that hinder the full adaptive possibilities of existing livelihood diversification practices . Autonomous diversification in the absence of more equitable and harmonised efforts at regional and national scales to facilitate sustainable diversification can further skew development indicators at the sub-national scale in favour of local elites, increased inequality and environmental degradation .
IPCC
Climate Change 2022: Impacts, Adaptation and Vulnerability
IPCC Report