Cycle Industry News)
Published today, the European Cyclists’ Federation is to present an in depth report alongside its members in which it will be revealed that cycling’s economic contribution is worth more than €1,000 per inhabitant of the 28 EU member states, per year.
It is widely accepted that cycling’s return on investment has been demonstrated to be many fold, even having demonstrated a high of 35:1 in one study. The ECF’s data is however expected to make a stronger case than ever for building for active travel, valuing cycling’s contribution at a tally political figures should’t be able to ignore – an annual €513.19 billion across member states. Cycling organisations across Europe regularly submit their data to the ECF who represent the industry when active travel is on the agenda across member states.
Broken into nine parts, fresh data will calculate cycling’s environmental impact alone to be worth €15.43, with huge savings in Co2 amounting to 15,248,644,552 kg since 2011. At a cost calculated to be €144.63 per ton, the impact of active travel has ramifications socially, on public health and climate.