EIA Is A Tool To Gauge The Socio-Economic and Environmental Effects Of Different Projects

We are all aware of the rapid development that is happening in the manufacturing and processing sector. All these latest technology and gadgets are making life so much easier while at the same time the development processes are taking a toll on the environment. Although we know of the harmful effects that these projects have, we are not aware of the extent to which these projects can actually harm the environment.

Socio-Economic

Rampant and unplanned development sometimes causes irreparable damage to the ecosystem. It is therefore important that some amount of study be done to see the impact each and every new project will have on the environment. This is a step to make people responsible and accountable towards the environment as well.

Environment Impact Assessment:

This is a new tool to study the impact of new projects on the environment. It is formal study that is done on every new project in the planning stage to judge and avoid any long term, detrimental effect on the environment. It was first started in United States In 1969.

Objective of Environment Impact Assessment: The main objectives of EIA are:

  • To predict how each new project will affect the environment.
  • Finding different ways and methods to reduce the adverse impact on the environment
  • Design projects in such a way that they suit the local environment.
  • Present all the findings and the different options to the various decision makers, so that they can take a right call on which project to pass and which ones to reject.

Benefits of Environment Impact Assessment:

The benefits of EIA are many folds. As it is done prior to the start of the project, in the planning stage itself, it saves the cost of reversing any effect that project might have on the environment. To know more about the methods employed and benefits of Environment Impact Assessment, you can visit http://adepte.ee/teenused/keskkonnakorraldus/keskkonnamoju-hindamine/.

EIA findings will also report all economic impact of a new project at the local and national level. It takes into account the funding and expenditure on the project, employment benefits thereafter, GDP growth, total sales and other such variables to assess the total economic viability of the project.

The social impact of some projects is very predominant. The EIA can identify the developmental impact on the society. In addition to that, the Cost Benefit Analysis of a project can also be seen through the EIA report. The study is in fact used many a times by the manufacturers to find Benefit Cost Ratio, which help them determine the pricing, discount rates etc.

The most important and prime benefit is the environment assessment. The study clearly focuses on the effect that a project might have on the natural resources based on the extent and intensity of its usage. It measures the changes that might happen on the environment due to the wastes, emissions, pollutants, usage of energy etc. Based on the effects, it is concluded whether or not a project is environmentally viable.

Development is an inevitable and continuous process, which is very important for the society at large. However, the effect that development is having on the environment cannot be ignored. The EAI is therefore important to ensure that long term and drastic changes can be avoided.

Author’s Bio:

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