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eAdventures

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

release by the European Cyclists' Federation

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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