What does an Environmental Impact Statement (EIS) assess?

An Environmental Impact Statement (EIS) is a comprehensive document that evaluates the potential environmental effects of a proposed project that is likely to have significant impacts on the environment. The primary purpose of an EIS is to inform decision-makers and the public about the potential consequences of the project before any decisions are made. This includes analyzing factors such as air and water quality, land use, wildlife habitats, and other ecological aspects.

By focusing specifically on the environmental implications, the EIS plays a crucial role in environmental governance, ensuring that sustainable practices are engaged and that potential derogatory effects on the environment are adequately considered and addressed. It also helps in identifying necessary mitigation measures to reduce adverse impacts, thus promoting responsible project development.

The other options, while related to project assessments, do not encapsulate the primary focus of an EIS. Financial costs pertain to economic analyses rather than environmental assessments. Project risks to stakeholders can be considered in various types of assessments, but they don't specifically point to environmental impacts. Community feedback and public opinions are essential components of the public participation process, but the EIS predominantly concentrates on environmental consequences, making it distinct from general community assessments.