This book provides a detailed treatment of the ecological, economic and social impacts in the context of environmental impact assessment (EIA) and makes clear the necessary link between EIA and the sustainability principles of protecting biodiversity, risk aversion, and inter and intra-generational equity. It proposes that the benefits and costs of a project need to be weighted according to who bears them, giving particular attention to the planet’s poor. Furthermore, this book presents a comprehensive analysis of environmental offsetting which has come to be commonly resorted to when negative impacts cannot be mitigated. In this context, the book argues that offsetting is only viable if advanced offsets are quarantined through a Strategic Environmental Impact approach. Finally, the book explores the role of the various disciplines which need to be mastered in undertaking an EIA. This book takes you on a journey from the beginning of environmental impact assessment to the present day. It is a scholarly warts and all study. For each trial and tribulation, Hundloe presents a remedy. It is essential reading and an invaluable reference for environmental practitioners, politicians, policy makers, academics and, the most important group, future environmental practitioners.