environmental and economic impact assessments

Environmental Impact Assessment: This type of assessment is used to identify and understand the potential environmental consequences (both positive and negative) of taking specific actions or implementing plans and policies. It aims to provide insight for decision-makers about the potential risks and opportunities associated with those actions, and to inform and guide the public in their decision-making process. Economic Impact Assessment: This type of assessment is used to consider the economic effects of a project or plan on a wider economy, including employment and income levels, regional and local costs and benefits, regional economic activity, consumer costs and benefits, and much more. It is applicable to a wide range of projects, from development projects to large-scale investments. This assessment helps decision-makers to gain a comprehensive understanding of the potential impacts of their decisions, allowing for informed decision-making that is beneficial for all stakeholders.