What are the livelihood components?

Livelihood components refer to the assets and resources that individuals and communities use to secure their means of living. These components typically include Natural Resources (land, water, and biodiversity), physical assets (infrastructure and tools), human capital (skills and education), financial resources (income and savings), and social capital (networks and relationships). Together, these elements enable people to pursue various economic activities and enhance their resilience to shocks and changes in their environment.