Measurement of environmental and social impacts
Countries must weigh the economic benefits of extractive projects against their environmental and social impacts.
Countries must weigh the economic benefits of extractive projects against their environmental and social impacts.
However, environmental and social impacts are often assessed and reported separately from revenues, and by different actors.
This practice results in an incomplete picture of the extractive sector. A more integrated assessment of the impacts of extraction could help policymakers, regulators, companies, citizens and affected communities make more informed decisions on whether extraction should take place and on what terms and conditions.
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