The economic benefits of cycling have gained increased recognition in recent years. Spiralling fuel costs and urban congestion has refocused attention towards less energy and space intensive forms of transport. Cycling, with no oil requirements, offers an effective way to lower the pain at the pump. The benefits extend beyond the individual and flow to the wider community, as each additional dollar not spent on fuel can be injected into more productive sectors of the economy. Traffic congestion also impacts negatively on the economic performance of our urban areas. Taking around 1/10 the road space of a car, bicycles are an effective tool to unclog our congested streets.
20th Dec 2011
RACV created this guide to provide vehicle operating costs for 94 popular new vehicles from information obtained leading up to June 2011. The calculations include the cost of financing the vehicle, depreciation, scheduled services, registration, insurance, fuel, tyres, etc. The calculations are provided as a guide to the car operating costs of a vehicle over a five year, 75,000 km (15,000 km per year) period.
25th Nov 2011
This discussion paper, commissioned by the Heart Foundation (SA), was released in November 2011. The paper brings together evidence around the financial benefits to retailers and residents in making commercial streets more walking and cycling friendly. The report states that improvements in street design can add an average of up to 4.9% to rental values of shops and houses located on the street.
24th Nov 2011
In November 2011 the Australian Bicycle Council and Cycling Promotion Fund published a snapshot of the Australian Cycling Economy. Increasing the number of people cycling will help mitigate the costs of inactivity, congestion, pollution and emissions.
22nd Aug 2011
This report, released by the London School of Economics in August 2011, shows that cycling generates nearly £3bn a year for the UK economy. The figure takes into account factors such as bicycle manufacturing, cycle and accessory retail and cycle-related employment.
22nd Jul 2011
In February 2011 the UK's Cycle to Work Alliance released the results of a research project to to gain a better understanding of the health and environmental benefits of the cycle to work scheme and the motivations that have driven demand from the users of the scheme, and the employers who offer it.The project found that 87% of participants noticed a health benefit from their more active commute to work and 97% of employers offering the scheme think it is an important way to encourage a healthier workforce.
13th Jul 2011
In May 2011 the Institute for Sensible Transport released a report commissioned by the Queensland Government to gain a better understanding of how to integrate benefit cost analysis into walking and cycling programs.
24th Jun 2011
This study, released in June 2011 by the Political Economy Research Institute, University of Massachusetts, estimates the employment impacts of building and refurbishing transportation infrastructure for cyclists and pedestrians. For each $1 million, the cycling projects in this study created a total of 11.4 jobs within the state where the project is located. Pedestrian-only projects created an average of about 10 jobs per $1 million and multi-use trails created nearly as many, at 9.6 jobs per $1 million. Infrastructure that combines road construction with pedestrian and bicycle facilities creates slightly fewer jobs for the same amount of spending, and road-only projects create the least, with a total of 7.8 jobs per $1 million.
23rd Jun 2011
This paper, by the Victorian Transport Policy Institute (Canada), examines how programs to encourage walking and bicycling can be evaluated in terms of Transportation Demand Management (TDM) objectives, including congestion reduction, road and parking facility cost savings, consumer cost savings, and various environmental and social benefits.
25th Mar 2011
Pedestrian and Bicycle Information Center (PBIC)
14th Mar 2011
Walter Hook, Michael Replogle, Colin K. Hughes from ITDP
GEF Council Meeting November 16 – 18, 2010 Washington, D.C.
Prepared on behalf of the Scientific and Technical Advisory Panel of the Global Environment Facility by
The Institute for Transportation and Development Policy
14th Mar 2011
Thomas Gotschi, January, 2011,
Journal of Physical Activity & Health: Volume 8, Supplement
19th Jan 2011
January 12, 2011 BikeBaltimore - Programs
According to a new report by the Political Economy Research Institute at the University of Massachusetts Amherst, building bike lanes and pedestrian projects, and bike boulevards, create more job per million dollars spent than road repairs and road resurfacing.
07th Jan 2011
January 2, 2011, Bicycling Federation of Wisconsin Via Planetizen
A new study by the Nelson Institute for Environmental Studies at the University of Wisconsin-Madison found that bicycling contributes $1.5 billion to Wisconsin's economy every year.
The boost to the Wisconsin economy provided by bicycles comes from tourism, bike shops and bicycle-related businesses, and the health benefit of exercise that keeps people out of the doctor's office.
20th Dec 2010
by Lloyd Alter, Toronto on 12. 1.10
TreeHugger - Cars & Transportation (bikes)
28th Oct 2010
A Report prepared by Australian Local Government Association Bus Industry Confederation Cycling Promotion Fund National Heart Foundation of Australia International Association of Public Transport
17th Sep 2010
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17th Sep 2010
AECOM, 2010, commissioned by the City of Sydney
In 2010, the City of Sydney commissioned independent research to quantify the economic benefits of the proposed Inner Sydney Regional Bike Network.
17th Sep 2010
This working paper, published by the City of Copenhagen in Dec 2009, aims to establish a methodological basis and unit prices to evaluate cycling on equal terms with other modes of transport and improve the foundation for prioritization of resources.
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