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1、1Making the Economic Case for Cycling2Authors and AcknowledgmentsThis research brief was developed with generous support from the Transforming UrbanMobility Initiative(TUMI).AuthorsDana Yanocha,ITDPSarah Mawdsley,ITDPReviewersMackenzie Allan,ITDP GlobalDanielle Hoppe,ITDP BrazilJacob Mason,ITDP Glob

2、alCarlos F.Pardo,NUMOD.Taylor Reich,ITDP GlobalLi Wei,ITDP ChinaCover Photo:Areporter via shutterstock3IntroductionSource:A.Aleksandravicius via Shutterstock4IntroductionUnlocking economic benefits of cycling Cycling has signifcant economic beneftsfor individuals,cities,and societyand functions as a

3、 low-cost,high-yield,scalable solution to climate and equity issues.Investments in cycling infrastructure also create jobs and opportunities to expand existing industries or develop new ones.While many cities have seen frsthand the benefts of investing in infrastructure and other street design impro

4、vements that support safe,direct,and connected cycling trips,other cities are not convinced that such investments yield enough economic value to equal or exceed the upfront costs.In this brief,we make the economic case for cycling and demonstrate how investments in cycling infrastructure are the key

5、 to unlocking economic and other benefts.“Riding bicycles will not only benefit the individual doing it but the world at large.”Udo E.Simonis,economist and global environmental policy advocateIn Part 1,we explore how a larger share of trips made by bicycle reduces costs for individuals and society a

6、nd can generate revenue for cities.We also analyze how increased demand for bicycles and cycling trips creates jobs and economic opportunities.In Part 2,we discuss the type and scale of investment needed to maximize the economic benefts of cycling.Why now?The Sixth Assessment Report of the United Na