Economic Challenges:
Poverty and Unemployment:
Lack of access to resources, jobs, and income-generating opportunities can lead to poverty and food insecurity.
Low Wages and Informal Work:
Many people are employed in low-paying jobs or the informal sector, lacking social security and facing exploitation.
Market Instability and Volatility:
Fluctuations in prices, access to markets, and competition can disrupt livelihoods, especially for those dependent on agriculture or natural resources.
Lack of Access to Financial Services:
Limited access to credit, savings, and other financial services hinders economic growth and development.
Debt Trap:
Farmers and others can fall into a cycle of debt due to crop failures, high interest rates, or lack of access to credit.
Environmental Challenges:
Climate Change:
Extreme weather events, rising sea levels, and other climate-related impacts threaten livelihoods, particularly for those dependent on agriculture or coastal resources.
Resource Depletion and Degradation:
Overexploitation of natural resources (water, land, forests) can lead to environmental degradation and reduce livelihood opportunities.
Pollution:
Air, water, and soil pollution can negatively impact health and productivity, further straining livelihoods.
Social Challenges:
Lack of Education and Skills:
Limited access to quality education and skills training can hinder job prospects and economic advancement.
Gender Inequality:
Women often face discrimination and limited opportunities in education, employment, and access to resources, impacting their livelihoods.
Social Exclusion and Marginalization:
Certain groups, such as indigenous people, refugees, and those with disabilities, may face social exclusion and limited access to opportunities.
Conflict and Displacement:
Armed conflicts and displacement can disrupt livelihoods, destroy property, and create long-term challenges for recovery.
Lack of Infrastructure:
Inadequate infrastructure (roads, electricity, water, sanitation) can limit economic activity and access to services, hindering livelihood development.
Natural Disasters:
Natural disasters, such as floods, droughts, and earthquakes, can devastate livelihoods and cause long-term damage.