Cycling and walking are two of the most popular modes of transportation, especially in densely populated urban areas. While these sustainable modes of transport bring numerous environmental benefits, they also play a crucial role in the local economy. In this article, we’ll explore how cycling and walking impact the local economy in several ways.
Boosts Local Retail and Business
Cyclists and pedestrians tend to be more aware of their surroundings, more engaged with the local community, and more likely to stop and check out local stores and shops. This is because these modes of transport are slower than cars, allowing people to see and explore their surroundings more easily. Furthermore, cycling and walking are often more convenient than driving, as it is easier to park and maneuver in congested areas.
According to research by the European Cyclists’ Federation (ECF), cyclists are more likely to spend money locally than motorists. Pedestrians, too, are more likely to visit local shops, cafes, and restaurants on foot rather than in a car. This not only supports local business but also promotes a sense of community and fosters social interaction.
Encourages Tourism
Tourism is a significant source of income for many local economies. By promoting cycling and walking, cities and towns can encourage tourists to explore the area on foot or by bike. This not only helps to spread the economic benefits of tourism throughout the region, but it also promotes health and well-being among visitors.
Many cities and towns have realized the benefits of promoting cycling and walking as part of their tourism marketing strategy. For example, Amsterdam is known worldwide as a cycling city, with countless bike rental shops, cycling tours, and bike-friendly infrastructure. This has made Amsterdam a popular destination for cyclists and has boosted its reputation as a healthy and sustainable city.
Reduces Transport Costs
Cycling and walking not only support local business and tourism, but they also bring direct savings to the local economy by reducing transport costs. People who cycle or walk to work or school save money on fuel, parking, and public transport costs. This leaves more money in their pockets, which they can spend on a range of local goods and services.
In addition, every journey made on a bike or on foot means one less car on the road, reducing the need for costly infrastructure and congestion charges. This can save cities and towns millions of dollars in road maintenance, parking construction, and environmental degradation.
Reduces Healthcare Costs
Cycling and walking also have significant health benefits. By promoting these modes of transport, cities and towns can reduce healthcare costs by promoting physical activity and healthy lifestyles. This not only brings direct savings to the local economy but also promotes social inclusion and mental well-being.
Studies have shown that people who cycle or walk to work or school are more likely to get the recommended amount of exercise each week, and are less likely to suffer from health problems such as obesity and heart disease. By reducing the need for costly healthcare services, cycling and walking can reduce public health costs and make the local economy more sustainable in the long term.
Conclusion
In conclusion, cycling and walking have a significant impact on the local economy. By supporting local business, promoting tourism, reducing transport costs, and reducing healthcare costs, cycling and walking provide a range of economic benefits that go beyond the environmental and health benefits. Cities and towns that invest in cycling and walking infrastructure and promotion can create more sustainable, healthy, and prosperous communities for everyone.