The document discusses environmental impact assessments (EIAs). It notes that EIAs identify, predict, and mitigate potential environmental effects of development projects. The main steps in an EIA are screening, scoping, prediction and mitigation, management and monitoring, and auditing. EIAs began in the 1960s and were codified in legislation like the US's NEPA in 1969. The document outlines the EIA process and data requirements, discusses positive and negative externalities of EIAs, and notes their benefits like informed decision making and mitigation of environmental impacts.