In recent years, research on climate change and human security has received much attention among policy makers and academia alike. Communities in the Global South that rely on an intact resource base andstruggle with poverty, existing inequalities and historical injustices will especially be affected by predictedchanges in temperature and precipitation. The objective of this article is to better understand under what conditions local communities can adapt to anticipated impacts of climate change. The empirical part of the paper answers the question as to what extent local women engaged in fish processing in the Chilwa Basin in Malawi have experienced climate change and how they are affected by it. The article assesses an adaptation project designed to make those women more resilient to a warmer and more variable climate. The research results show that marketing and improving fish processing as strategies to adapt to climate change have their limitations. The study concludes that livelihood diversification can be a more effective strategy for Malawian women to adapt to a more variable and unpredictable climate rather than exclusively relying on a resource base that is threatened by climate change.