Biodiversity is essential for the processes that support all life on Earth, including humans. Without a wide range of animals, plants and microorganisms, we cannot have the healthy ecosystems that we rely on to provide us with the air we breathe and the food we eat. And people also value nature of it. Biodiversity is a source of economic wealth for many regions of the world, such as many nature reserves, parks and forests, where wildlife and plants are sources of beauty and joy for many people. Ecotourism, in particular, is a growing outdoor recreational activity.

Agriculture, forestry and fisheries products, stable natural hydrological cycles, fertile soils, a balanced climate and numerous other vital ecosystem services depend upon the conservation of biological diversity.Biodiversity is essential for the processes that support all life on Earth, including humans. Without a wide range of animals, plants and microorganisms, we cannot have the healthy ecosystems that we rely on to provide us with the air we breathe and the food we eat. And people also value nature of it The Economics of Ecosystems and Biodiversity (TEEB) is a global initiative focused on “making nature's values visible”. Its principal objective is to mainstream the values of biodiversity and ecosystem services into decision-making at all levels. Biodiversity is an important resource in their day-to-day life for all humans. It is comprehended as a reservoir of resources to be drawn upon for the manufacture of food, cosmetic products, and pharmaceuticals. Some of the significant economic commodities that man derives from biodiversity are: Food crops. Ecological economics recognizes the importance of efficient allocation of resources but seeks a much deeper understanding of the relationship between economic development and resource exploitation.