Recovery, Renewal, Resilience

Infrastructure investment has been found to effectively stimulate economic activity. Project prioritization and methods of financing are two key policy and investment questions, noted by the International Transport Forum (OECD). Consider:

• Projects which deliver jobs, stimulate growth in the short- and medium-term should be prioritised
• Those projects that are already in the pipeline with cleared planning and environmental approval should be the focus
• "Interventions should be Timely, Targeted and Temporary: the IMF's TTT principle"
• Local projects should be accurately estimated and the life-span of projects should be effectively forecasted
• Incentives or stimulus packages should be based on aims to drive "decarbonisation, social equity and resilience"

Although home-based working has become the norm for a large percentage of the population, many workers have had to be physically present in their usual workplace. Many who have had to travel to workplaces during the pandemic have changed their mode of transport due to potential infection risks, delays and inconvenience due to cancelled or reduced public transport - i.e. they have changed their commute from public transport to private cars or bicycles. This has reduced their travel time, especially as traffic volumes are below pre-pandemic levels. Consider:

• That traffic congestion and the demand for parking space could increase dramatically as restrictions ease and more people opt for private transport, which may lead to increases in:
  • Infrastructure maintenance costs on roads and motorways
  • Negative environmental impacts, e.g. pollution
  • Road traffic accidents and increased risk to cyclists and pedestrians, plus loss of public space, which may reduce the number of people who choose to cycle or walk
  • Costs and challenges for freight and delivery services
• A travel awareness communication campaign, prior to an ease of restrictions:
  • Raise awareness of the benefits of sustainable travel for improving air quality and reducing pollution
  • Promote the health and well-being benefits of 'active transport' such as cycling
  • Communicate the stringent safety measures in place on public transport to increase confidence and encourage people to travel by bus/train
• Draw on learning from previous crises to predict likely behaviours and inform policies that are fit for purpose, e.g. following the 2008 economic crisis, increased traffic increased congestion (Madrid, Spain)
• Expand and improve cycling and walking space and infrastructure around workplaces
• In cities, reduce speed limits to allow pedestrians and cyclists to be more confident and allow for social distancing
• Promote and expand schemes such as 'Cycle2Work' by removing spending caps and allowing people to by bikes through the scheme that are appropriate and relevant for them (see TMB Issue 7):
  • Introduce a reimbursement scheme to reward cycling commuters, e.g. Netherlands offer 0.19 cent (euro) per kilometre cycled to work, or interest-free loans to purchase bikes
  • Trial an e-bike hire scheme in cities, e.g. Leicester (UK)
• Review congestions charge policies and assess if they are appropriate for post-COVID activity
• Introduce new policies, e.g. workplace parking levy, a charge on employers who provide workplace parking (Nottingham City Council, UK)