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JOA welcomes IOC decision to increase Solidarity funding
Written by Leighton Levy. Posted in Olympics. | 12 November 2020 | 575 Views
Tags: Christopher Samuda, Ioc, Joa, Ryan Foster, Thomas Bach

The Jamaica Olympic Association (JOA) said it welcomes the decision of the International Olympic Committee (IOC) to increase the budget of Olympic Solidarity for the quadrennial period 2021 to 2024 by 16 per cent with the resultant increase in the budgetary allocation to each National Olympic Committee for its national activities and in the funding of direct athlete-support programmes.

IOC President Thomas Bach, in announcing the decision Wednesday said there was a clear need for more solidarity.

"One important lesson that I hope we have all learnt from the current Coronavirus crisis is that we need more solidarity,” he said. “We need more solidarity within societies, but also among societies. Solidarity is one of the key Olympic values which the Olympic community is actively promoting. Today’s decision is a very strong demonstration in times of a worldwide crisis.”

Meantime, JOA President Christopher Samuda has hailed the decision by the IOC.

"The decision demonstrates an admirable commitment to the development of its member National Olympic Committees (NOCs) and the athletes and is an empathetic response to the challenges being experienced by the global Olympic sport community in the wake of the COVID - 19 pandemic," he said.

The decision of the world governing body equates to 25 per cent increase in the funding of direct athlete support programmes which will benefit athletes of the national Olympic teams and IOC refugee Olympic teams and will support the wide range of athlete centric educational and developmental initiatives which the IOC undertakes particularly to empower NOCs to keep athletes at the heart of the Olympic Movement.

"For the JOA the athletes come first and therefore we must invest strategically in their development in realising optimally their talents in competition and in providing them with a sound foundation and springboard beyond their competition life. The IOC's decision embodies this" President Samuda said.

One of the priorities of Olympic Solidarity for 2021-2024 quadrennial is to ensure good governance, financial control and compliance by strengthening capacity-building programmes for NOCs.

Secretary General and CEO of the JOA, Ryan Foster, commented: "the JOA is all about capacity building and institutional strengthening and therefore we can readily identify with and embrace this priority not only as a principle of good governance but as a way of life in sport"