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Chapter 10Environmental Justice and Life Stage ConsiderationsAn evaluation of the impacts of a regulation on frms, workers and households is an important complement to beneftcost analysis (BCA). Instead
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01
Identify the problem or objective that the regulation is attempting to address.
02
Describe the regulatory options that are being considered, including a baseline option of taking no regulation.
03
Analyze the benefits and costs of each regulatory option, including any potential impacts on the economy, environment, public health, or other areas.
04
Assess the distributional impacts of the regulation, including who may be disproportionately affected.
05
Consider any feasible alternatives to regulation, such as voluntary industry initiatives or private sector solutions.
06
Present the results of the analysis in a clear and transparent manner for stakeholders to review.

Who needs regulatory impact analyses of?

01
Government agencies responsible for creating regulations
02
Policy makers deciding on the adoption of new regulations
03
Industry stakeholders affected by proposed regulations
04
Consumer advocacy groups concerned about the impact of regulations on the public
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Regulatory Impact Analysis (RIA) is a systematic process used by governments to assess the potential effects of new regulations or changes to existing regulations.
Government agencies or departments responsible for proposing new regulations or changes to existing regulations are usually required to file Regulatory Impact Analyses (RIA).
Regulatory Impact Analyses (RIA) are typically filled out by evaluating the costs and benefits of proposed regulations, analyzing potential alternatives, and seeking input from stakeholders.
The purpose of Regulatory Impact Analysis (RIA) is to provide decision-makers with information on the potential impacts of proposed regulations, including costs, benefits, and alternatives.
Regulatory Impact Analyses (RIA) must typically include information on the potential costs and benefits of proposed regulations, as well as any alternatives considered.
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