Although known as the driest country south of the Sahara, Namibia is blessed with exceptional natural resources and an impressive variety of species and habitats. Biodiversity and natural resources is of great importance to the country's development. Natural resources-based sectors form the backbone of Namibia's economy with mining, fisheries and agriculture alone accounting for around 30% of Gross Domestic Product (GDP) and 85% of exports (Ministry of Environment and Tourism (MET) 2012a). A formal study on the value of biodiversity, although planned, has yet to be conducted. However a variety of studies and reports demonstrate the contribution of biodiversity to the social and economic development in Namibia.