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"offsetting impact" is correct and usable in written English.
You can use it when referring to an impact or consequence that is counterbalanced by another factor or event. For example, "The new government regulations had an offsetting impact on the economy, leading to increased investment."
Exact(4)
These figures take no account of the offsetting impact of extra investment.
"The fiscal multiplier is already likely to be low in an economy as open as the UK; an offsetting impact from tighter monetary policy would make it lower still," he said.
Even taking into account the offsetting impact of the stronger dollar, we estimate a potential 4% further upside to IAG 2015 revised earnings before interest and tax should current oil and forex levels be sustained.
The existence of what economists call the "substitution effect" (in terms of the stadium game, leisure dollars will be spent one way or another whether a stadium exists or not), the dubiousness of the Keynesian multiplier, the offsetting impact of a negative multiplier, the inefficiency of government, and the negatives of higher taxes all argue against government sports subsidies.
Similar(56)
Enhancing habitats to increase sage-grouse populations within priority landscapes is a more complex but equally important step in offsetting impacts.
Nevertheless, Kalil thinks the industry should ante up more in advance to help offset impacts.
The increasingly common legal requirement to first avoid, then reduce and, if necessary, offset impacts of plans and projects on biodiversity has however not always been appropriately enforced.
Reserves are gazetted in estuaries to offset impacts from burgeoning human populations, however, coastal conservation cannot be optimized because their effectiveness is rarely evaluated.
to offset impacts to the city's parks and libraries as a development boom in Glendale continues.
Social and family breakdown is high, offsetting the impact of high incomes and low unemployment.
A feminist-focused syllabus should teach young people to recognise these stereotypes for what they are, and to form their own opinions, offsetting the impact of media stereotyping.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com