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This report estimates the economic impacts of 96 Local Sustainable Transport Fund projects, both through supporting jobs and wider impacts on productivity and growth. The aim of this note is to illustrate the methodology for making such estimates. In the future, more funding decisions for sustainable and active travel will be made at local level.
When making the case for investment, scheme promoters might want to use similar analyses to communicate the full impacts of their proposal.
It concludes that the fund is potentially supporting between 4,700 and 6,150 jobs per year, at an average cost per job of £44,000 to £57,000.