More than £200 million will be spent on transport, town centre and public space improvements in London over the next two years.
The funding will be used by boroughs across the capital for a wide range of projects to reduce dangers on the roads, transform local areas, encourage cycling and walking and improve air quality.
Transport for London (TfL) will invest £148m in Local Implementation Plans that support the Mayor’s Transport Strategy, as well as a further £70m for other schemes, including funding for strategic walking and cycling programmes such as Quietways, Mini-Hollands and Liveable Neighbourhoods.
Each of London’s 33 boroughs benefits from the funding, with more than £1bn to be invested across TfL’s Business Plan to 2021/22, in which the Mayor announced record levels of investment to make cycling easier and safer, including support for borough cycling schemes, and improve the capital’s air quality.
The Mayor of London, Sadiq Khan, said: “I’m proud that through the new TfL Business Plan we are creating a modern and affordable transport network for the capital, and am delighted that we are able to invest an increased level of funding across the boroughs next year too. By making walking and cycling easier and safer, and funding projects that will improve air quality, we can help boroughs right across the capital to deliver transport and public space improvements that are going to make a real difference to the lives of Londoners.”