Word from the IOC
Dr. Thomas Bach
“The World Union of Olympic Cities plays an important role in sustaining the dialogue between past and future Olympic Host Cities. As the IOC looks to give more flexibility to bid cities, this transfer of knowledge is even more crucial as the cities set out to determine what long-term social, economic and sporting benefits they want to derive from hosting the Olympic Games.
Through this dialogue, future host cities can learn how to reduce and control costs. They can better understand the difference between operational costs, which are largely offset by a substantial financial contribution from the IOC, and infrastructure investments.
Cities can therefore prepare budgets that suit their region’s individual needs. They can discover the best practices of previous Host Cities and adapt those lessons to their own context. Above all, cities interested in hosting the Olympic Games should be encouraged to take their own initiatives, based on how they see the Olympic Games benefiting their unique circumstances and the local population. Only then will they be able to get the most out of their projects.
By acting as a conduit between past and future Olympic Host Cities, the World Union of Olympic Cities has a critical function in helping Olympic Cities create sustainable legacies both before, during and long after the 16 days of competition are over.”
Thomas Bach, IOC President