Introduction to the Impact Inventory

An impact inventory is an enumeration of all assets possessed or used by a person or a group of persons: crops, trees, land parcels, structures, equipment, access rights, and others. The impact inventory register helps identifying all those assets and for each of them capturing ownership / usage rights against each stakeholder involved.

Impact inventories can be populated via socio-economic studies conducted at certain times during the lifecycle of a project in order to assess and evaluate the living conditions of a potentially affected group of persons in an area. This is the reason why this register stands within the Social Baseline module and not in the Land Access module.

However, in the context of a land access or resettlement process, or even in the context of a payment that needs to be done as a result of a grievance resolution, the impact inventory register acts as the basis to determine what compensation (monetary or non-monetary) should be offered to the rightful owners to cope for the loss of usage or ownership of an asset as a result of the company’s activities.

 

How to work with the impact inventory register?

First you need to capture the essential information about the impacted list of assets (e.g. main stakeholder, date, location, land request, etc.). Then you must capture at least one asset in the “assets” tab (crops, trees, structures, land parcels, others). For each asset it’s possible to add a photo as evidence and also to indicate which various stakeholders have an interest against it.

When created, an impact inventory takes the status of “active”. It should remain in this status until you are finished with the data entry or even after if it is not at all meant to be compensated. However in order to proceed further with the land access process, you need to use the workflow action to “send the record for eligibility”. From there a record is created in the land access module and you are a step closer to being able to compensate the stakeholders for the loss or impact on their assets.

In addition, an impact inventory record could also be deactivated if it becomes obsolete. Lastly a record which has been submitted for eligibility can be reopened should the need arise by using the corresponding workflow action.

 

 

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