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The Red List update finds that 9 percent of Europe's butterflies, 11 percent of its saproxylic beetles and 14 percent of dragonflies are threatened with extinction, at least within the geographic confines of the European Union

Butterflies, for instance, play a hugely pivotal role as pollinators in the ecosystems in which they live.

31 percent of Europe's 435 butterfly species suffer declining populations

the EU will have to bring in much stricter rules on protecting rare species and habitats and enforce them much more efficiently, ministers agreed

the extinction of animals and plants and the destruction of their habitats costs around 50 billion euros (69 billion dollars) a year worldwide