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Though there is a wealth of theoretical evidence supporting the economic and social drivers of biodiversity loss, empirical evidence for the majority of these relationships is limited, if not non-existent. The loss of living diversity is exacerbated by habitat loss, foreign species introduction, biodiversity resource over-harvesting, and species uniformity in agriculture. All of these variables have one thing in common: they are all driven by humans. In this area, more research is required. Existing biodiversity-conservation methods are also debated and questioned for their ability to successfully reverse the loss of biodiversity-related cultural values, biological species, and ecosystems caused by these key causes of biodiversity loss. This comprehensive study examines the economic and societal aspects that contribute to Ethiopia's biodiversity loss, as well as potential opportunities. It also identifies potential roadblocks and future directions that should be pursued. To scale up biodiversity conservation loss, better promotion of practical conservation approaches, community-based management techniques, and sector-based conservation and integration should be adopted throughout the entire resource region. Better promotion of practical conservation measures, community-based management techniques, and sector-based conservation and integration should be applied throughout the resource region to scale up biodiversity conservation loss. The widely held belief is that institutional variety and multi-level governance are essential to institutionalize biodiversity protection because of the characteristics and functions of biodiversity as well as the characteristics of the participants. Institutional diversity, on the other hand, isn't a panacea for successful biodiversity conservation, and it's much less beneficial for determining where to start. The Ethiopian case demonstrates what happens when according to theory the government “steps aside” and the “market works its wonders”. The goal is to shape institutional diversity's context-specific patterns by establishing actionable beginning points after recognizing its value. Guidance, mediation, and facilitation are all required.
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