Climate change has a direct impact on the assets and resources needed to earn a living. The destruction of homes and infrastructure, degradation of ecological resources, loss of biodiversity and environmental damage severely harm livelihoods that are climate-sensitive, including agriculture and fishing (WSR, 2020). For instance, it is reported that more than 2 billion people are living in countries under water stress and 3.6 billion people face inadequate access to water at least one month per year. Meanwhile, water-related hazards have increased in frequency for the past 20 years. Since 2000,  flood-related disasters have increased by 134%, and the number and duration of droughts also increased by 29%. Also, it is projected that climate change will push up to 130 million people into poverty over the next 10 years unravelling hard-won development gains and could cause over 200 million people to migrate within their own countries by 2050 (WMO,2021).