Unlocking economic benefits of cycling
There are significant economic benefits to cycling for individuals, cities, and society, and it can also be viewed as a low-cost, high-yield, scalable solution to climate and equity issues. Additionally, cycling infrastructure investments create jobs and opportunities to expand existing industries. However, despite the fact that many cities have witnessed the benefits of improving infrastructure and street designs to promote safe, direct, and connected cycling trips, others are not convinced that such investments will yield enough economic value to equal or exceed the initial investment. This brief aims to make the economic case for cycling and demonstrate how investing in cycling infrastructure can unlock economic and other benefits.
