There's never a point where all we can do is throw up our hands and do nothing. There's always something to be done, even if it's not directly related to the cause of the crisis.
That's not worldwide doom. It's just a very clear indicator of the damage that happens elsewhere, where low-lying cities like Amsterdam, New York, and much of Bangladesh have to either go elsewhere or take very expensive damage control measures.
We're at a point where it's still cheaper to prevent that at the climate level. It just grows more expensive by the day. Things can cost a lot of lives and dollars without being apocalyptic, and still worth dealing with sooner rather than later.
As these crises put more stress on the rest of the world we're just going to accelerate exploitation to support more people with less stuff - we're essentially burning through the world's buffer of habitability to eek out a bit more profits today.