The economic value for cycling – a methodological assessment for Starter Cities

Abstract

The concerns about climate change, the effects of congestion and pollution in urban areas have led to the debate about the need for alternative mobility patterns to reduce the negative impacts of transport. At the same time, research on sustainable urban mobility highlights the value of cycling as a mean of transport and its economic, social and environmental benefits. Despite the proven benefits, investments in cycling are not always considered a priority, especially in contexts where cycling is residual, such as Portuguese cities, with an average modal share of 0.5%. In this context, the Boost project is developing a Starter Cities Roadmap to promote cycling. This article aims to discuss the methodological steps beyond a comprehensive Economic Value for Cycling (EVC) tool. This tool is aimed to analyze the impacts of a higher use of the bicycle as a transportation mode and its multi-dimensional impacts in the economy. Departing from the example of starter cities in Portugal and the available statistical information, a full description of the methodology applied (and challenges) is offered. This method covers from the calculation of the bicycle industry value chain; economic impacts of reduced fuel consumption caused by modal shift; and the value of environmental, energy and health benefits at a local level.