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"No net loss" is defined by the International Finance Corporation as "the point at which the project-related impacts on biodiversity are balanced by measures taken to avoid and minimize the project's impacts, to understand on site restoration and finally to offset significant residual impacts, if any, on an appropriate geographic scale (e.g local, landscape-level, national, regional)."
The mitigation hierarchy is commonly applied to EIAs to guide the mitigation of negative impacts on biodiversity. [87] The mitigation hierarchy is a framework of sequential steps (avoid, reduce/minimise, restore/rehabilitate, and offset) and biodiversity offsetting is its final step to counterbalance impacts that cannot be avoided or reduced. [88]
Mitigation planning identifies policies and actions that can be taken over the long term to reduce risk, and in the event of a disaster occurring, minimize loss. Such policies and actions are based on a risk assessment , using the identified hazards , vulnerabilities and probabilities of occurrence and estimates of impact to calculate risks ...
Environmental mitigation refers to the process by which measures to avoid, minimise, or compensate for adverse impacts on the environment are applied. [1] In the context of planning processes like Environmental Impact Assessments, this process is often guided by applying conceptual frameworks like the "mitigation hierarchy" or "mitigation sequence". [2]
Mitigation options that reduce demand for products or services help people make personal choices to reduce their carbon footprint. This could be in their choice of transport or food. [90]: 5–3 So these mitigation options have many social aspects that focus on demand reduction; they are therefore demand-side mitigation actions. For example ...
The purpose of the mitigation plan is to describe how this particular risk will be handled – what, when, by whom and how will it be done to avoid it or minimize consequences if it becomes a liability. Summarizing planned and faced risks, effectiveness of mitigation activities, and effort spent for the risk management.
militate and mitigate. To militate is to fight or exert pressure for something to happen or not to happen; it is typically followed by a preposition. To mitigate is to make something milder, typically something undesirable, and takes no preposition. Standard: The seriousness of your crime was mitigated by the provocation you were under.
Risk is inherent with any project, and project managers should assess risks continually and develop plans to address them. The risk management plan contains an analysis of likely risks with both high and low impact, as well as mitigation strategies to help the project avoid being derailed should common problems arise.