The question is not very clear indeed. what do you mean by "help"? Do you mean enhance or mitigate the warming? An equally unclear answer would be: it depends on the phase the water is in. Its role on the climate system is different whether it is in gaseous, liquid or solid phase.
Go first to the reports by the Intergovernmental Pannel on Climate Change (IPCC). There you find all you want to know about climate change and the role of water. When you then still have questions then you come back to ask a question.