IOC-OECD MoU for good governance, anti-corruption initiative

IOC,International Olympic Association,Economic Co-operation and Development,IOA,Sports Business News
Advertisement

The International Olympic Association and the Organisation for Economic Co-operation and Development (OECD) have reached a memorandum of understanding to ensure good governance and curb corruption in the Olympic movement. The IOA and the OECD will together aim for strengthening their collaboration on promoting ethics, integrity and good governance and ensure peace and sustainable development.

An MoU to this effect was signed at the IOC headquarters in Lausanne between President Thomas Bach and the OECD secretary-general Angel Gurria, IOC has stated in an article on its official website.

This cooperation with the OECD is another step forward by the IOC in its new approach to good governance and the fight against corruption. With Olympic Agenda 2020, the IOC has turned the page. However, it still has to deal with issues and cases from before these reforms, and does so with great determination. The partnership with the OECD will facilitate these efforts.

Also Read: IOA, FIH president Batra elected IOC member

IOC inks $1 bn joint worldwide Olympic partnership agreement

For instance, the OECD will support the IOC in protecting the integrity of sport by providing guidance to the organisers of the Olympic Games Paris 2024 on how to mitigate the risks of corruption linked to procurement. Such guidelines will also be useful for the organisers of other future Games or major sports events. The IOC’s and OECD’s collaboration in this area will complement the work of the International Partnership Against Corruption in Sport (IPACS), of which both organisations form part.

The IOC-OECD will focus on, combating corruption and promoting integrity in sport, including through the International Partnership against Corruption in Sport (IPACS); promoting responsible governance for sports organisations and sports events; fostering major sports events that aim to promote sustainable growth and development; and developing tools to evaluate the contribution of global events to local development and citizens’ well-being, based on rigorous and evidence-based analysis.

“Whilst the IOC’s vision is to build a better world through sport, the OECD works to build better policies for better lives. Therefore our organisations have many synergies − it is a natural match,” said IOC President Thomas Bach. “The IOC is looking forward to making the best use of the OECD’s remarkable expertise in anti-corruption and in addressing social, economic and environmental challenges. We will also spread its evidence-based solutions within the Olympic Movement,” says President Bach.

“I am pleased to have signed this Memorandum of Understanding with the IOC. It is the next important step in our cooperation after the OECD and the IOC have been both founding partners of IPACS. This MoU illustrates our common objective to combat corruption, to promote integrity in sport, to ensure responsible business conduct, and to foster sustainable and inclusive growth which helps improve the integrity and credibility of sports organisations,” said OECD Secretary-General Angel Gurría.

The IOC and the OECD will also work together to maximise the impact of their activities aimed at contributing to the achievement of the United Nations Sustainable Development Goals (SDGs). The IOC already aims to ensure that sustainability is included in all aspects of the planning and staging of the Olympic Games, and that the host cities can leverage the Games as a catalyst for their sustainable development.

As part of the agreement, the IOC will promote the OECD’s Recommendation on Global Events and Local Development within the Olympic Movement. The Recommendation provides guidance on how events can be deliberately designed and executed to generate long-term benefits, in particular positively impacting communities and contributing to economic growth and development. In this context, the IOC and the OECD will work with the organisers of the Olympic Games Paris 2024 to develop tools to evaluate the contribution of their Games edition to local development and citizens’ well-being, based on rigorous and evidence-based analysis.

Also Read: IOA offers to host 2023 IOC session in Mumbai

Hockey celebrates Olympic Day worldwide


LEAVE A REPLY