Today: Last Update:

 
 
 
 
 
 
 
 
 
  • Allocation of Tokyo 2020 Olympic and Paralympic Games Additional Costs due to the impact of the COVID-19 pandemic


    12/04/20

    In December 2019, the budget for the Olympic and Paralympic Tokyo 2020 Games (hereinafter referred to as “the Games”) was determined in version four of the budget published by the Tokyo Organising Committee of the Olympic and Paralympic Games (hereinafter referred to as “Tokyo 2020”). Based on the “Documented Overall Division of Roles and Allocation of Costs” (hereinafter referred to as “the Agreement”), which was decided at a meeting of the liaison council on 31 May 2017 attended by representatives of the government of Japan, the Tokyo Metropolitan Government, the Organising Committee, and local governments of municipalities where competition venues are located, the allocation of costs between Tokyo 2020, the Tokyo Metropolitan Government and the government of Japan was recorded in the version four budget.

    Earlier this year, the Games were postponed for the first time in history due to the COVID-19 pandemic. Since then, all possible optimization and streamlining measures aimed at simplifying the operation of the Games and the various measures necessitated by their postponement have been actively discussed and progressed in cooperation with the IOC. In order to ensure the success of the Games, we will continue to do our utmost to prepare for them and implement all possible countermeasures against COVID-19. We will steadily implement these taking the interim summary published at the Coordination Meeting for COVID-19 Countermeasures at the Olympic and Paralympic Games Tokyo 2020 (herein after referred to as “the Coordination Meeting”) on 2 December 2020 into account.

    Tokyo 2020, the Tokyo Metropolitan Government and the government of Japan shall fulfil their responsibilities based on their respective roles, and all necessary additional costs shall be allocated in accordance with the following agreement (refer to the Appendix for specific amounts).

    In the future, Tokyo 2020, the Tokyo Metropolitan Government, the government of Japan and other related parties will continue to work together in order to ensure that athletes from around the world can compete in the Games under perfect conditions and spectators can participate in a safe and secure environment, as proof that mankind has overcome the virus.

    Agreement

    1. In cooperation with the IOC and other relevant organisations, Tokyo 2020 will continue to work to minimise and reduce the additional costs of the Games, other than those related to countermeasures against COVID-19 infection. Tokyo 2020, the Tokyo Metropolitan Government and the government of Japan will each take responsibility for certain of the costs caused by the COVID-19 pandemic, based on the Agreement. In the event Tokyo 2020 is not able to cover any of the costs allocated to it by means of revenue growth, the Tokyo Metropolitan Government will bear those costs.
    2.From among the additional budgeted areas, the Tokyo Metropolitan Government and the government of Japan shall in principle each be allocated an amount equivalent to one-half of the costs incurred as a result of COVID-19 countermeasures, in accordance with the interim summary published at the Coordination Meeting. However, the cost of the inspection system for athletes, etc. and of the Infectious Disease Control Centre being established by the Organising Committee will be covered in full by the government of Japan, as it will serve as the central function for infectious disease control at the Games as well as supporting the border control measures being implemented by the government.
    3.In addition, the government of Japan will implement other measures in alignment with the basic policy approved by the Cabinet in November 2015 with the aim of ensuring the smooth preparation and operation of the Games.
    4 December

    2020 MORI Yoshiro, President, The Tokyo Organising Committee of the Olympic and Paralympic Games
    KOIKE Yuriko, Governor of Tokyo
    HASHIMOTO Seiko, Minister in charge of the Tokyo Olympic and Paralympic Games

    As a service to our readers, Around the Rings will provide verbatim texts of selected press releases issued by Olympic-related organizations, federations, businesses and sponsors.

    These press releases appear as sent to Around the Rings and are not edited for spelling, grammar or punctuation. 

    25 Years at #1: Your best source of news about the Olympics is www.aroundtherings.com, for subscribers only