Impact Assessment is a process used to evaluate the potential effects of a project or action on the environment, society, and economy. It helps decision-makers understand the positive and negative consequences of their plans before they are implemented. By considering factors like biodiversity, community well-being, and economic growth, stakeholders can make informed choices that promote sustainable development. This assessment often involves gathering data, consulting with affected communities, and analyzing various scenarios. The goal is to minimize harm and enhance benefits, ensuring that projects align with environmental regulations and social responsibilities. Ultimately, Impact Assessment fosters responsible planning and helps protect our planet and its inhabitants.