Social and Economic Impact Assessment

Social and Economic Impact Assessment

A Social and Economic Impact Assessment (SEIA) assesses the potential short, medium and longer term consequences of a planned development on people, communities and economies, and develops strategies for the ongoing monitoring and management of those impacts. Aspects of SEIAs can include:

  • Identification of interested and affected people and communities
  • Coordination and engagement of key stakeholders
  • Identification and forecasting of benefits and costs
  • Social risk analysis
  • Analysis of induced development
  • Displacement and resettlement planning
  • Alternatives and sensitivity analyses
  • Community capacity building
  • Mitigation recommendations and planning
  • Development of social management and monitoring plans
  • Identification of sustainable development opportunities