A set of 118 reforms called "The New Norm" was presented to the International Olympic Committee (IOC) at its 132nd Session, which took place on February 6-8 in Pyeongchang.
The plan focuses on six recommendations of the Olympic Agenda 2020 and will provide host cities with increased flexibility and assistance, with the aim of ensuring the Games are affordable, beneficial and sustainable. The measures presented address the challenges associated with the cost of bidding and hosting the Olympic Games. Efficiency and waste reduction are emphasized in the plan, which estimates maximum savings of hundreds of millions of dollars in the delivery of the Games.
"The IFSC supports this fundamental rethinking, and we are already working closely with the IOC, FIBA and Tokyo 2020 to put these ideas into practice by sharing the venue with Basketball 3x3 at the Olympic Games Tokyo 2020," says IFSC President Marco Scolaris.