Coventry City Council has secured £115.9m in grant funding to help decarbonise and improve the city’s transport system.
Working with West Midlands Combined Authority (WMCA), the majority of the funding was secured following a successful bid to the UK Department for Transport’s City Region Sustainable Transport Settlement (CRSTS).
Additional investment was secured from WMCA’s Active Travel Fund and Sustrans’ Paths for Everyone funding.
The funding will be discussed at the meeting of council cabinet on 30 August before going to full council on 06 September.
If approved, the money will be used to support a number of sustainable transport schemes designed to make it easier to walk, cycle or use public transport in the city.
Measures include targeted improvements to the road networks, installation of new cycling and walking routes and improved connectivity across the transport system.
In addition, a “large chunk” of the funding will support the development of the Coventry Very Light Rail project, which, when finished, will offer residents and visitors an affordable and reliable light rail system in the city centre.
Cllr Jim O’Boyle, cabinet member for jobs, regeneration and climate change, Coventry City Council, said: “This funding will help us to lead a number of projects that will play a major role in the green transformation of our city’s transport network.
“Along with the all-electric bus fleet, fully segregated cycle routes and more on street charge points than anywhere else outside London our ambition is to enable local people to be able to make real choices about how they travel sustainably.”
The schemes will also be supplemented by up to £26.8m match funding, which is a mix of private and public sector investment.
