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EU Investments in Cycling Using Structural Funds Shift into Higher Gear Up 30% to €3.21 Billion

release by the European Cyclists' Federation

September 17, 2023 - On August 29, 2023, the European Cyclists’ Federation (ECF) published an insightful new policy brief, presenting key figures for investments in cycling EU Structural Funds. Approximately €3.21 billion is set to be invested in cycling projects across Europe in the present 2021-2027 EU structural funding period.

Approximately €3.21 billion is set to be invested in cycling projects across Europe from 2021-2027. © iStock

This would be a 30% increase compared to the previous 2014-2020 financial period and should finance the construction of about 12,000 km of cycling infrastructure. In an optimistic scenario, where Managing Authorities adjust their planned investments mid-way in the cycle in favour of cycling as it already happened during the 2014-2020 period, even as much as €4-4.8 billion in Structural Funds could be unlocked for cycling projects, ECF calculated.

Read the full report here.

Posted in eNews

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