€1 invested in active travel returns €4 to economy - NTA
Every euro invested in active travel produces almost €4 in economic benefits, according to a report commissioned by the National Transport Authority.
A report commissioned by the National Transport Authority reveals that every euro invested in active travel, such as walking and cycling, generates almost four euros in economic benefits for the economy. This includes improved health, lower absenteeism rates, increased tourism, reduced congestion, and job creation. The report estimates the present value of money to be invested in active travel infrastructure between 2021 and 2030 at €1.97 billion, while the present value of the benefits it will generate is €7.73 billion.
These benefits are realized both directly through job creation, with 26,640 jobs created during the construction phase of infrastructure, and indirectly through positive effects on the wider economy. Commuters save money by opting for active travel over driving, and reduced congestion and cleaner air in towns and cities benefit everyone.
The report also highlights the positive impact on mental health, as exercise and improved public spaces contribute to well-being. The cost of one year's investment in active travel infrastructure is fully recovered by the sixth year of its operational lifespan. Minister for Transport Darragh O'Brien emphasizes that the report demonstrates the financial benefits of increased government funding for walking and cycling since the start of the decade.
NTA CEO Anne Shaw affirms that the report confirms the NTA's work with local authorities is benefiting both active travel users and the wider economy. The NTA delivered almost 950 kilometers of active travel infrastructure from 2021 to 2025, and plans to invest €290 million annually up to 2030. However, the report warns of an inflation gap of €330 million and stresses the need for sustained investment in active travel infrastructure to fully realize the benefits.
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