Cycling in Brussels: Does It Pay Off?

13.39
From 2013 to 2014
In collaboration with Pro Velo, TML made​​ two economic analyses of cycling in Brussels.

A first analysis compares the social costs and benefits, leading to the following conclusions:
  • An ambitious cycling policy in 2020 for the Brussels Capital Region realizes social benefits of 300 to 550 million depending on the chosen scenarios and assumptions.
  • The benefits of this ambitious cycling policy in 2020 are 8 to 19 times greater than the costs. In 2012, the benefits were between 100 and 200 million and 4 to 7 times greater than the costs.
  • The benefits exceed the costs in all scenarios despite the fact that we only considered monetizable effects.
  • The number of deaths due to traffic accidents decreased thanks to cycling, but the number of injured people increased.
The benefit/cost ratio considers the following benefits: health benefits, environmental benefits, benefits due to decreased congestion, the savings in transport expenditure of households, the savings on the expenditure of public transport and a possible reduction in traffic accidents. The costs in this ratio are those related to extra government spending to encourage bicycle use and the extra traffic accidents.

We did not consider the effects of cycling on the liveability of cities or on psychological well-being because they are very difficult to quantify and to monetarize.

In a second analysis, we estimate the turnover and employment in the bicycle sector, leading to the following conclusion:
  • Today functional cycling creates more than 200 jobs in Brussels and nearly 700 in 2020 with an ambitious cycling and transport policy. These figures do not consider jobs that will eventually be lost in other sectors.

Period

From 2013 to 2014

Client

Ministerie van het Brussels Hoofdstedelijk Gewest, Mobiel Brussel - BUV

Partner

Pro Velo

Our team

Bruno Van Zeebroeck
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