Economic case for bike share

Responsibility for investment in transport has been devolved to the Local Enterprise Partnerships. The focus of these bodies is on regional economic development.  This document is aimed at supporting Local Enterprise Partnerships, local authorities and bike share organisations applying for funding, to demonstrate the contribution that public bike share can make to sustainable transport and economic vibrancy.

Experience shows that bike share systems provide both residents and visitors access to work, business opportunities, services, leisure activities, and tourist destinations. The flexible nature of public bike share stimulates economic growth whilst reducing congestion, pollution and land take of motorised travel:

The research summarised in the Economic case for bike share document comes from studies carried out by the European Cycling Federation, Bikeplus, and various academic sources, into the impacts of public bike share and cycling in general.

  • Commercial and retailing activity
  • Bike share constitutes, complements and extends existing public transport
  • Bike share, bike sales and cycle hire
  • Business and employment opportunities
  • Congestion reduction time savings
  • Health benefits and economic savings
  • Funding Sources
  • References

Read all deteils here and download the pdf