Paris, France, July 21, 2024: The support of the International Olympic Committee for athletes, National Olympic Committees and Continental Associations of NOCs and the Olympic Movement continues to grow, strengthening even further the solidarity within the Olympic Movement.
Following a proposal by the Olympic Solidarity Commission, which met in Paris on July 19, the IOC Executive Board has approved an increase in the overall Olympic Solidarity budget for 2025-2028 by 10 per cent, reaching an unprecedented total of USD 650 million.
“Solidarity is at the heart of the Olympic Movement. It is even more important in the difficult times that we are living in,” said IOC President Thomas Bach.
“By increasing the budget of Olympic Solidarity over the next four years, we will strengthen even further the solidarity within our Movement. Not only will we allow more athletes to pursue their Olympic dreams thanks to individual scholarships, we will also provide assistance to the least privileged NOCs that are the most affected by ongoing crises and deserve our full support.”
With its increased budget, the 2025-2028 Olympic Solidarity plan will bring additional support for athletes, while also empowering NOCs and their communities. The main elements of the Olympic Solidarity plan for 2025-2028 are as follows:
*An increase of 16 per cent for athlete support programmes, up to a total of USD 66 million.
*An expanded investment in youth programmes, delivered in partnership with the International Sports Federations, will focus on Africa during the upcoming quadrennial, in anticipation of the Youth Olympic Games Dakar 2026.
*Increased support for refugee athletes will reflect the continuing increase in the number of refugees and forcibly displaced persons across the world.
*An 11 per cent increase for all NOCs in the budget allocated to their management programmes, with additional support for those NOCs with specific administrative needs.
*A 15 per cent budget increase for programmes linked to the Olympic values and initiatives advancing Olympism365.
Source: https://olympics.com