The Executive Board of the International Olympic Committee (IOC) approved the Olympic Solidarity 2017-2020 Quadrennial Plan during a meeting in Lausanne. The Olympic Solidarity development and assistance budget approved amounts to USD 509,285,000 and corresponds to the share of the broadcast rights from the Olympic Games (Rio 2016 and PyeongChang 2018) which will be distributed to the National Olympic Committees (NOCs). This represents an increase of 16 per cent in comparison with the 2013-2016 Quadrennial Plan, whose budget amounted to USD 439,870,000.
The aim of Olympic Solidarity is to organise assistance for all the NOCs, particularly those with the greatest needs, through a variety of world and continental programmes prioritising athlete development, training of coaches and sports administrators, and promoting the Olympic values.
