Making the Economic Case for Cycling

Cycling has significant economic benefits — for individuals, cities, and society — and functions as a low-cost, high-yield, scalable solution to climate and equity issues. Investments in cycling infrastructure also create jobs and opportunities to expand existing industries or develop new ones. While many cities have seen firsthand the benefits of investing in infrastructure and other street design improvements that support safe, direct, and connected cycling trips, other cities are not convinced that such investments yield enough economic value to equal or exceed the upfront costs.

source:
https://itdp.org/publication/economics-of-cycling/