27 Feb '18, 6pm

Blog: The incredible value of cycling and walking goes beyond economic benefits

Blog: The incredible value of cycling and walking goes beyond economic benefits

There is a growing evidence base setting out the economic benefits of active travel. A report suggests that cycling is worth €500 billion to the European economy, with another report calculating the value of active travel to the UK economy at £14 billion. As we await the funding settlements on both the Department of Transport’s Access Fund and the City Growth Deals, these reports spell out the value to both central Government and Local Authorities of investing in active travel. The economic benefits offered by cycling, and by walking and cycling are simply too big to ignore. Economic benefits of cycling at pan-European level The first report is by the European Cyclists Federation . Highlights from the report include: The current economic benefits of cycling in the European Union exceed €500 billion per year, which corresponds to €1,000 per European citizen. Countries with ...

Full article: https://www.sustrans.org.uk/blog/incredible-value-cycling...

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