Transport for London (TfL) has published its latest Business Plan, which sets out how it will support London’s economic recovery and become the green heartbeat of London whilst achieving operational financial sustainability by 2023/24. It charts how, across the next three and a half years, TfL will play a key role in improving air quality and tackling the climate emergency, encouraging walking and cycling as well as investing in public transport.
Across the plan, £8.1bn will be invested in London’s road and rail network, as well as funding to boroughs provided for investment in their streets. The total investment in safe and active travel, across both operating and capital expenditure, will average £150m per year across the Business Plan. This will allow further delivery of the capital’s strategic cycle routes, as well as the delivery of new cycleways and safer junctions to make London’s major roads safer and more attractive for those walking and cycling.
The plan will see the delivery of the London-wide Ultra Low Emission Zone to further tackle the triple challenges of air pollution, the climate emergency and congestion, and to ensure five million more Londoners can breathe cleaner air. From Tuesday 29 August 2023, the zone will operate across all London boroughs, up to the existing Low Emission Zone boundary. The expansion will be supported by a £110m scrappage scheme to support certain Londoners on lower incomes, disabled Londoners, charities and micro businesses and sole traders and the bus network in outer London will be expanded.