Any activity that leads to increased production capacity in an economy has two components: construction (or development) of the capacity, and operation of the capacity to generate outputs. The first component is referred to as investment, while the second is production or operation. Both activities affect the economy through purchases of goods and services, and labour. Figure
B.1 illustrates the overall approach CERI uses to assess economic impacts resulting from these

Full details of this graphic starts on page 29 of the report.

Image credit: CERI.

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