Equity and Distributional Impacts

Other important impacts, especially equity and distributional effects, should be assessed and reported separately from the above net benefit assessment.

No detailed guidance is provided here for undertaking equity and distributional analyses.  Stakeholders should describe and assess as best as possible who the gainers and losers are as a result of the initiative.  An indication of the scale of those effects is also desirable.  This will be key information for assessing an initiative's performance.

Regeneration can be an important public policy goal.  The economic benefits of regeneration are already captured in cost-benefit analysis, since such an approach appraises an initiative's economic costs and benefits.  However, the specific spatial element is not fully described, and where this is a policy objective it may be appropriate to describe this impact qualitatively alongside the cost-benefit analysis.