The Association of National Olympic Committees (ANOC), has confirmed that its Covid-19 funding package for National Olympic Committees (NOCs) will value US $11.65 million. ANOC confirmed last month that it would provide additional money to help support countries preparing for the postponed Tokyo 2020 Olympic Games, which are now scheduled for next year due to the coronavirus pandemic.
Funding will be distributed by the five continental associations and all 206 NOCs are in line to benefit.The level and distribution of the cash package was decided following a technical working group meeting, which included representatives from ANOC and the continental associations and the director of Olympic Solidarity, James McLeod.
Olympic Solidarity will coordinate with the continental associations to distribute the funding, to avoid any duplication with existing programmes. NOCs will benefit either through case-by-case funding for exceptional needs, or through specific Tokyo 2020 projects run by the continental associations, such as training camps or athlete preparation programmes.
The funding provided will be audited by each of the continental association auditors and financial reports on NOC use of funds will be provided.