Innovative Assessment Methods for Sustainable Transport Infrastructure Investments

New transport infrastructure projects are usually subject to a benefit-cost analysis prior to their construction. Such analyses are expected to guarantee an efficient use of public funds. However, the method of these analyses has been criticized for a long time. Primarily, because the “Standardisierte Bewertung“(German term for standardized evaluation) of public transport projects systematically underestimates certain benefits like societal and urban-spatial benefits and thus does not account for a sustainable spatial and transport development.
The aim of this project is to develop and test an innovative assessment method that also integrates these benefits that are hard to quantify and were neglected so far, as well as in view of assessment methods in other countries.