It is already making their struggle for dignity and economic self-reliance much harder. They often live in rural areas, vulnerable to drought, exposed to the harshest effects of changing weather patterns, or to flooding through rising sea levels.

They need the developed world to act now to halt the process of climate change. But lead times for effective action are long. Even the most drastic cuts in carbon dioxide emissions today will not prevent serious damage to the livelihoods of marginalized people for many years to come.

Vulnerable communities also need to manage their own impact on their environment, playing an active part in its protection. They need to build their capacities to withstand shocks, or where necessary, be ready to adapt their lifestyles to cope with new conditions.

Increased access to microfinance can provide an important source of support to enable poor communities to strengthen their capacities to meet these challenges. Moreover, ECLOF places great emphasis on "green" lending programs that are being developed and implemented as you read this text.