[1] The species classification as Endangered is attributed to its habitat's extent of occurrence falling below 1,000 km^2 and an estimated occupancy area under 200 km^2, alongside a severely fragmented population.

Agricultural land conversion and illegal logging on Panay Island, particularly in its endangered lowland forest, pose imminent risks to the species.

[1] Illegal logging compounds the threat to the Panay monitor by diminishing its forest habitat and disrupting the ecological balance.

The survival of the species is intricately linked to the preservation of the evergreen lowland forest, making illegal logging a significant concern.

The combined threats of habitat loss and potential overexploitation underscore the complexity of ensuring the survival of the Panay monitor.