The £100,000 study would look at possible routes, which could run from Derby to the start of the Monsal Trail in Matlock. Once a preferred route is identified, work would take place to fully cost the scheme.
If the report is approved work would start on the study within the next few months.
The Derwent Valley Trust has identified a possible route, and the consultants will work with the Trust and us to further develop their ideas.
Councillor Simon Spencer, Cabinet Member for Highways, Transport and Infrastructure, said:
“I’m sure a route along the Derwent corridor from Derby to Matlock would be incredibly popular with local people and those visiting the county.
“It would open up an alternative route for people to get into the Peak Park, give people the chance to exercise and to enjoy the countryside, and enable some people to be able to walk or cycle to work or to see friends and family.
“If this funding is approved we would be at the early stages of developing our plans, but before we can to start to look for further money to build a route we need good solid costed plans, and that is what this feasibility study would do.”