[nerdynic]

Protecting endangered species is critical in order to conserve biodiversity. This is important both socially and economically. Biodiversity is a source of wealth for many areas. As the foundation for sustainable development and for stable economies, many people see biodiversity as a reservoir of resources to be drawn upon for the manufacture of food, pharmaceutical, and cosmetic products. Some of the important economic commodities that biodiversity supplies to humankind are food, industry, tourism and recreation.

Protecting endangered species conserves biodiversity thus, preserving intergenerational equity. Future generations deserve the right to have access to similar or better environmental resources than the current generation. Preserving intergenerational equity is especially important for developing countries, which depend substantially on renewable resources and on the self-regeneration capacity of the environment.