Final answer:
The NYS Environmental Quality Review Act (SEQRA) provides a comprehensive review process for assessing the potential impacts of proposed projects.
Step-by-step explanation:
The NYS Environmental Quality Review Act (SEQRA) is important as it provides a comprehensive review process for assessing the potential physical, social, and environmental impacts of proposed projects in New York State. SEQRA requires government agencies, developers, and private individuals to identify and mitigate any adverse impacts that a project may have on the environment and community. The act promotes sustainable development and ensures that environmental concerns are taken into consideration before project approval.