Economic Appraisal of Cycling and Walking Schemes
Sustrans' Research and Monitoring Unit working with our partners at Bolton University and the Institute for Transport Studies at Leeds University have recently produced leading guidance into the appraisal of cycling and walking schemes for the Department for Transport.
The guidance enables a monetary valuation to be placed on the costs and benefits of such schemes as new cycling and walking routes and other features such as road crossings.
Under the analysis taken, the benefit:cost ratios are far in excess of any other local transport measures. An appraisal of three of Sustrans' Links to Schools programme schemes were appraised and featured in Local Transport Today, Benefit:cost ratios ranged from 15:1 to 33:1.
You can download a full summary of the analysis and an explanation of the methodology used.
The official guidance is currently pending publication via the Department for Transport. To find out more download a copy of the Local Transport Today feature or contact us at monitoring@sustrans.org.uk.