Warming is expected to lead to drier environments worldwide, especially in the tropics, and it is unclear how crops will react. Drought tolerance often varies at small spatial scales in natural ecosystems, where many of the wild relatives and landraces of the main crops have been collected. Through a series of examples, we will show that collections of wild relatives and landraces, many of those deposited at germplasm banks, may represent this desired source of variation, as they are genetically diverse and phenotypically variable. For instance, using a spectrum of genotyping and phenotyping approaches, we have studied the extent of genetic and phenotypic diversity for drought tolerance in wild and landraces of common bean (Phaseolus vulgaris L.) and compared it with the one available at cultivated varieties. Not surprisingly, most of the naturally available variation to cope with drought in the natural environments was lost through domestication and recent plant breeding. It is therefore imperative to exploit the reservoir of wild relatives and landraces to make crops more tolerant. Yet, it remains to be seen if the rate at which this naturally available variation can be incorporated into the cultivated varieties may keep pace with the rate of climate change.