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.

Affiliated Organizations

United Nations Framework Convention on Climate Change (UNFCCC)

UNFCCC stands for United Nations Framework Convention on Climate Change. The Convention has near universal membership (198 Parties) and is the parent treaty of the 2015 Paris Agreement. The main aim of the Paris Agreement is to keep the global average temperature rise this century as close as possible to 1.5 degrees Celsius above pre-industrial levels. The UNFCCC is also the parent treaty of the 1997 Kyoto Protocol.

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