Impact refers to the significant effect or influence that an action, event, or policy has on individuals, communities, or the environment. It can be positive or negative, shaping the way people live, work, and interact with one another. For instance, initiatives aimed at reducing carbon emissions can have a profound impact on climate change and public health. In a broader sense, impact can also relate to economic factors, such as how a new business venture affects local employment rates and economic growth. Understanding impact is crucial for policymakers, businesses, and non-profits to create effective strategies that foster sustainable development and improve quality of life.