A sustainable livelihood framework is used to analyse livelihood security, vulnerability and resilience in the village of Chibuene, Vilanculos, southern Mozambique from a historical and contemporary perspective. Interviews, assessments, archaeology, palaeoecology and written sources are used to address tangible and intangible aspects of livelihood security. The analysis shows that livelihood strategies for building resilience, diversification of resource use, social networks and trade, have long historical continuities. Vulnerability is contingent on historical processes as long-term socio-environmental insecurity and resultant biodiversity loss. These contingencies affect the social capacity to cope with vulnerability in the present. The study concludes that contingency and the extent and strength of social networks should be added as a factor in livelihood assessments. Furthermore, policies for mitigating vulnerability must build on the reality of environmental insecurity, and strengthen local structures that diversify and spread risk.