livelihood diversification

Synonyms

income diversification

Definition

Income and livelihood diversification gives people in developing countries new opportunities to work in industries other than such that are contribution to climate change like extensive and illegal felling. It also thought to help a community gain more resilience when dealing with the impacts of climate change by giving them a wider choice of occupations.

A livelihood compromises the capabilities, assets (stores, claims, access), and activities required to make a living.