Reports of the extinction of millions of species on Earth have been greatly exaggerated, a team of scientists has said. In the past scientists have warned that up to five per cent of species are at risk of dying-out as a result of climate change, deforestation and development. But a new analysis by the University of New Zealand found that this figure was five times greater than reality because the number of animals living in the wild in the first place had been over estimated. This meant that conservationists assumed that rates of decline were much faster, as they were starting from a higher point.