This paper brings together interdisciplinary perspectives to assess the economic impacts of policies encouraging AT modes. Natalie Gravett and Luis Mundaca used the city of Oxford (the UK) as a case study and evaluated four policy packages (including 300+ specific policy scenarios) promoting a mode shift to AT modes for the 2030–2050 period. The results show that a policy mix that maximises economic benefits entails bike-sharing, cycle parking, training and education, low traffic neighbourhoods, e-bike grants, a workplace parking levy and increased use of a ‘cycle-to-work’ scheme. Benefits are estimated in the range of: 62–256 prevented premature deaths; 18–50 million tonnes of avoided CO2e emissions; resulting in a total gross economic benefit of €3.45–11.28 billion. The research shows that investing in AT policy interventions represents a multi-faceted low-carbon opportunity that should not be missed by policymakers.
Read the full paper (open access) in the Journal of Transportation Research Interdisciplinary Perspectives.