Lipids are used to
Provide structure
As phospholipids in cell membranes
Absorb nutrients
Vitamins A and D
Store energy
Oils in plant seeds
Provide insulation
Fat layers under the skin prevent heat loss
Protect organs from shock and movement
Layers around internal organs
Provide water
E.g. a camel hump is broken down to water in drought
Provide waterproofing
Wax layers on plant surfaces