This paper highlights relevant studies (for the UK) and covers the main issues for practitioners (eg local councils). It summarises the picture that sustainable travel as well as cycling and walking can deliver very high benefits when compared to the costs. The report provides a brief overview of how to demonstrate the economic case for a new cycling and walking proposal.
The paper provides a step-by-step illustration based on a hypothetical example. A spreadsheet accompanying this report provides the calculations used in the example and can be used to replicate such calculations for different schemes.