IOC to increase solidarity funding

The International Olympic Committee announced a 16 percent increase in Olympic Solidarity funding including for the refugee team initiative launched successfully earlier this year.

 The new four-year solidarity plan is funded by the sale of broadcast rights for Rio 2016 and PyeongChang 2018.

IOC director of Olympic solidarity Pere Miro said: “This increase shows that the athletes remain at the heart of all our activity.

“The huge worldwide success of Rio 2016 enables us to distribute more than half a billion dollars over the next four years to the national Olympic committees.”

“All of the Olympic Solidarity programmes have been designed to take into account the recommendations of Olympic Agenda 2020, buy the strategic roadmap for the future of the Olympic movement and puts athletes at the heart of our activity.”

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