EU Invests 2 Billion Euro In Cycling
BRUSSELS, Belgium – Last months the European Cyclists Federation (ECF) and its Cycling Industry Club created a new initiative called “A Cycling Investment Plan for Europe”. According to ECF, this campaigning has paid off as already 2 billion euro has been put in to the EU budgets 2014 – 2020 for cycling.
The cycling investment plan for Europe is a direct response to the European Commission’s new proposal to boost growth and jobs called “An Investment Plan for Europe”.
The cycling proposal was drafted to show that cycling could play a leading role in the growth agenda as well as to show that a holistic plan for cycling could offer stronger potential for growth than a basket of individual local measures put forward by member states and other industries, especially when cycling is considered on an EU wide basis.
100,000 new jobs
The cycling investment plan suggests cycling can create 100,000 new jobs for an investment of € 6 billion in four work packages including completion of the Eurovelo network, investment in the manufacturing sector, cycling technologies such as e-bike sharing and a roll out of cycling highway networks across Europe. It was created by ECF with support and input from ECF’s Cycling Industry Club and in collaboration with the EU manufacturers associations for bicycles (COLIBI) and cycle parts (COLIPED).
The document on the cycling investment plan is complementary to three more recently published comprehensive ECF studies which also make the case for cycling investment. These three studies look at the benefits of fiscal incentives for cycling; cycling jobs creation in the European economy; and European funding opportunities for cycling projects. PDF’s of the three studies are on this page.