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<p>Value for money is one of several factors the Department considers when evaluating
the effect of its investments. Investment in active travel schemes typically delivers
high value for money.</p><p> </p><p>Increased rates of active travel can deliver mental
and physical health benefits, improvements to the quality of journeys made, and benefits
associated with mode shift from motor vehicles, such as improved air quality and reduced
congestion. Investment in active travel schemes also supports the government’s decarbonisation
strategy by increasing the number of trips made using carbon neutral modes.</p><p>
</p><p>The average benefit-cost ratio, weighted by scheme cost, for Active Travel
Fund 4 estimated that for every £1 of investment in active travel infrastructure schemes,
there would be a return £2.40 of economic, social, and environmental benefits.</p><p>
</p><p>Behaviour change interventions funded by the Department have been estimated
by our delivery partners to have a benefit cost ratio of 2.5 in 2021/22 for the Big
Bike Revival and 5.5 in 2022/23 for Walk to School Outreach programmes.</p>
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