New research by the Institute for Transport Studies of the University of Leeds (ITS Leeds) has shown that cycling could provide economic benefits to England worth £248bn between now and 2050.
The ‘Economic Cycle’ report by Fiona Crawford (ITS Leeds) and Dr Robin Lovelace (School of Geography) was commissioned by CTC, the national cycling charity. It was released as Parliament prepared to debate the inclusion of a Cycling and Walking Investment Strategy (CWIS) in legislation.
The All Party Parliamentary Cycling Group’s ‘Get Britain Cycling’ (GBC) report called for targets to substantially boost cycle use, from less than 2% of trips at present to 10% by 2025, and to 25% by 2050. The research compares the economic benefits of meeting these targets, compared with the lower growth proposed in the Government’s draft Cycling Delivery Plan (CDP).
Researchers Fiona Crawford and Dr Robin Lovelace found that meeting the GBC report’s 2025 target in England would yield economic benefits that year worth £6.4bn in today’s money, whereas the Government’s CDP target would be worth just £2.1bn. Download thereport or read more via the CTC website.
Original source: ITS Leeds
