Economic Significance - Conservation of Wildlife

Certain wild species are important because of their actual or potential economic value to people. Wildlife resources provide people with a wide variety of direct economic benefits. Some of which are: as source of food, spices, flavouring agents, scents, soap, cooking oil; lubricating oils, waxes, dyes, natural rubber, medicines and several other important materials. Most of the plants that supply 90% of the world's food today were domesticated from wild plants in the tropics.

Besides providing direct benefits, many wildlife species benefit; us indirectly. As many insect species carry out pollination for many food and non-food species. Predatory insects, parasites, and disease-causing bacteria and viruses are increasingly used for the biological control of various weeds and insect pests, thus helping reduce losses of crops and trees.