$30 trln in additional investments required to achieve net zero in 8 hard-to-abate sectors
The Net Zero Industry Tracker 2024 estimates that $30 trillion in additional capital will be required across ...
The UK allocated additional £32.9 million of government funding to accelerate walking and cycling schemes across the country as millions are being encouraged to walk and cycle more this year to get fit and save money.
As people across the country are looking to kickstart the year with healthy resolutions, the government expects to see millions shake up the way they travel.
The investment will help local councils in England design, develop and consult on high-quality active travel schemes that work for residents and consider the local road network. These could include new school safety zones to encourage active travel, improved walking and cycling infrastructure on local high streets as well as new cycle and wheelchair paths.
The measures aim to get more people of all groups walking and cycling and help to address the barriers that exist. Surveys show the number one issue putting women off cycling is how safe they feel on the roads with 79% of women supporting more protected cycle lanes being built. Safety will therefore be the major focus for the new designs and routes.
This funding will support local authorities to maximize active travel investment by enhancing their technical skills. Local councils will be investing in resources dedicated to co-creating schemes communities want. Activities being funded include network planning, public engagement exercises and bespoke training for councillors and staff. The fund could see hundreds of new green jobs created across England.
Making active travel part of everyday journeys can improve health, cut costs and protect the environment. Cycling UK has estimated that if people cycled short journeys, they would save an average of £126 per year in fuel costs alone and would burn hundreds of extra calories each week.
Active Travel Minister Jesse Norman said “leaving the car and walking and cycling instead is an easy way to get fit, save money and reduce your carbon footprint.”
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