Global geographical, climatic, and ecological diversity has given rise to a wealth of domestic animals, which are essential for food security and agricultural sustainability. Since the 1960s, these critical genetic resources have declined significantly due to overdevelopment, ecological degradation, and climate change, posing a serious threat to global food security. In the face of these challenges, we emphasize the critical importance of promoting indigenous livestock and poultry germplasm resources in biodiversity conservation to enhance the adaptability and resilience of agricultural systems. To promote the sustainable management and conservation of genetic resources, a multistakeholder international cooperation framework is needed. Globally, many national and international institutions have initiated a variety of conservation measures, legislation, and technical strategies. In particular, genebanks play an indispensable role in the conservation of important livestock and poultry genetic resources. These banks not only aid in maintaining biodiversity but also provide valuable genetic material for future breeding programmes and scientific research. Through systematic collection, conservation and evaluation, genebanks ensure the long-term availability and sustainable use of genetic resources and provide an important foundation for addressing global environmental change and agricultural challenges.