What are the economic reasons for maintaining biodiversity?
Deforestation can result in soil erosion and monocultures can result in the soil becoming deficient in particular minerals that the crop absorbs a lot of. Both results in soil depletion and can negatively impact a country's ability to grow crops.
Tourism often relies on people visiting areas of natural beauty and observing animals in their natural habitat. Extinction of habitats, plants and animals could reduce tourism and therefore impact the economy.
Many medicines have been based on chemicals that naturally occur in plants, so species going extinct could have potentially held the molecules needed to cure diseases in humans