The analysis, the primary worldwide assessment of its type, checked out 73 historic reviews on insect declines around the globe and located that the whole mass of all bugs on the planets is lowering by 2.5% per year.
The review, which looked at 73 studies conducted around the world, claimed that more than 40 per cent of insect species are now declining, adding that the rate of extinction is about eight times faster than the respective rate for birds, mammals and reptiles.
Professor Goulson encouraged people to make more insect-friendly gardens and to stop using pesticides and buy organic food.
Over the past 30 years, the total mass of all insects dropped an average of 2.5pc annually.
Nonetheless, a new study which found that insects are dying at record rates, should alarm us due to the fact that insect extinction would mean catastrophic consequences for ecosystems on Earth, and thus for us.
While large numbers of specialist insects, which fill a specific ecological niche, and general insects were declining, a small group of adaptable insects were seeing their numbers rise - but nowhere near enough to arrest the decline, the report found.More news: Several dead in Buhari rally stampede in Nigeria
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But according to the new review, the proportion of insects in decline is now twice as high as that of vertebrates and the insect extinction rate is eight times faster than that of mammals, birds and reptiles.
"There are hardly any insects left-that's the number one problem", Vincent Bretagnolle, an ecologist at French National Centre for Scientific Research says.
"If we don't have insects as moderators of other pest populations, we have insect populations that flare up and ruin crops and make them hard to grow", he said. That's the bottom layer and unless we address it all our lives could be impacted immeasurably.
Experts have also said that pest insects will thrive in the warmer conditions.
Some 80% of wild plants use insects for pollination while 60% of birds rely on insects as a food source, according to the study. There are 17 times more insects around the world than humans, according to another study. Based on the findings of the report, Statista has drawn up this handy - and, frankly, worrying - infographic of insects and their percentage decline over the past decade. "The repercussions this will have for the planet's ecosystems are catastrophic to say the least", the journal warned.
The in-depth research found that one third of insect species are already classed as endangered, with 40 percent in nearly all regions around the world expected to face extinction over the next few decades.