The Red List estimates the risk of extinction of a certain species which will help to set conservation plans and priority
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/existence-rare-and-new-species-found
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/dhaka-tribune-dhaka
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/biodiversity
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/birds
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/wildlife
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/bangladesh
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/south-asia