Parties have identified economic diversification and transformation, and just transition of the workforce and the creation of decent work and quality jobs, as the two main strategies to mitigate the potential impacts of response measures, while enhancing access to the opportunities that emerge from the low carbon transition. There is also a shared view that the assessment and analysis of the economic and social impacts of the implementation of mitigation measures is crucial to facilitate the undertaking of economic diversification and transformation, and just transition.

The technical paper was prepared to respond to this need and:

• Provides information about the ways of assessing and analyzing the impacts of the implementation of response measures
• Identifies possible means to enhance the capacity and understanding of Parties in the assessment and analysis of these impacts
• Draws on the work of identified organizations, and highlights the scope for further collaboration with those stakeholders

Notably, the paper posits that the assessment and  analysis of the impacts of implementation of response measures can be performed using qualitative and quantitative methods and that these methodological approaches complement each other. It also presents detailed steps for the assessment and analyses of these impacts for the purpose of facilitating the undertaking of economic diversification and transformation and just transition.