International Olympic Committee news

Next week marks 100 years since the first Olympic Winter Games took place in Chamonix, France. Ahead of the anniversary, we think about how their future might look in the face of accelerating climate change.

With the reforms of Olympic Agenda 2020 and Olympic Agenda 2020+5, the IOC has been reinventing the Olympic Games and the Olympic Winter Games to make them more inspiring, relevant and, above all, sustainable, reducing their footprint and creating lasting benefits for host communities.

Today, the Games must adapt to the hosts, and not the other way around. The IOC encourages sustainable and flexible Games proposals which fit with long-term development plans for the local region and country.Hosts should aim to use only existing or temporary venues, and can also move events outside the host city, region or country if appropriate for sustainability reasons. Any new construction must be planned with long-term legacy in mind.Sustainability must be part of the DNA of any hosting project. Games organisers must commit to tackling climate change, protect biodiversity and manage resources sustainably.From 2030 onwards, Games organisers will be obliged to ​minimise direct and indirect Games-related carbon emissions, ​strive to remove more carbon from the atmosphere than the Games project emits, and ​use their influence to encourage stakeholders to take climate action.Proposed snow competition venues should be climate reliable.

Reflecting on the future

As climate change impacts increase, the IOC is leading the way – through research, reflection and innovation – to shape the future of winter sport.

In 2019 the IOC established two Future Host Commissions, for Summer and Winter editions of the Olympic Games, to monitor and encourage interest in Olympic hosting; and to explore future opportunities and challenges, to ensure resilience for the Olympic Movement and sport. Both Commissions are studying the current and potential future impact of climate change on the organisation of sports events and report to the IOC Executive Board (EB).Recent research led by the Future Host Commission for the Olympic Winter Games found that:There are currently 15 NOCs on three continents that already have at least 80 per cent of the venues needed for the Olympic Winter Games.By mid-century, two of these 15 NOCs will no longer have the necessary reliability for the Olympic Winter Games to be held in February, and five will not for the Paralympic Winter Games to be held in March, which means a pool of potential hosts reduced to around 10 or 13 NOCs.While this number will likely be further reduced by the end of the century due to the impact of climate change, under a mid-emissions scenario potential Olympic Winter Games hosts will exist until the late 21st century.The IOC Session responded to these findings by approving the principle of a double allocation for the Olympic Winter Games 2030 and 2034 by the IOC Members, should the appropriate conditions exist.In November 2023, the IOC EB opened Targeted Dialogues with the French National Olympic Committee (CNOSF) and the US Olympic and Paralympic Committee (USOPC), to explore their potential to host the Olympic Winter Games 2030 in the French Alps, and the Olympic Winter Games 2034 in Salt Lake City-Utah.The aim is to elect the hosts for both editions at the 142ndIOC Session in Paris in July 2024, to bring security for the Olympic Movement in solid traditional winter sport and climate-reliable hosts until 2034, while allowing the IOC time to reflect on the long-term future of the Winter Games, including various ideas around the economic and event delivery model.The Future Host Commission will report back to the EB on its strategic reflections. Topics under investigation could include: the notion of rotating the Winter Games within a pool of hosts; innovations and new technologies; co-hosting ice and snow events between different regions; and decentralising the organisation of the Olympic Winter Games to outsource certain competitions to experienced international and national event organisers who run world cups and world championships.

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CHARLOTTE, N.C., January 23, 2024 /3BL/ – Despite geopolitical uncertainty and economic challenges, North American businesses are not just surviving, but thriving, according to compelling new research from Economist Impact and DP World. Their secret? A bold embrace of technology, including Artificial Intelligence (AI), to reconfigure their supply chains.

According to the 2024 Trade in Transition study, a growing belief that technology will transform the efficiency and resilience of supply chains in tandem with agile trade strategies is the primary driver of optimism for 2024. With rising concerns of political instability, inflation, and a downturn in key markets, businesses in North America are actively reconsidering risks by deploying AI-based tech, and dual logistic strategies.

The annual Trade in Transition study, commissioned by DP World and led by Economist Impact, captures the perspectives of trade experts and senior executives globally. This year’s report is the fourth edition. 

2023 was a pivotal year in supply chain innovation, as technology continues to drive optimism for 2024.

The global survey found that when asked to assess the future of global trade, one-third of North American business leaders pointed to technologies that improve supply chain efficacy and resilience as their main source of optimism. Other key highlights of the Trade in Transition study include:

Widespread adoption of AI: 97% of executives are using AI to revolutionise at least one aspect of their supply chain operations, from solving inventory management issues to reducing trade expenses.Future technologies: In the coming year, businesses plan to incorporate advanced automation (28%), augmented or virtual reality (27%), 3D printing and blockchain technology (26% and 25% respectively) to enhance efficiency, traceability, security and data protection.Strategic supply chain adaptation: North American businesses are strategically navigating heightened risks by nearshoring, establishing parallel supply chains and expanding into neutral markets. Increasingly, companies are reconfiguring their supply chain by working with fewer suppliers – a strategy up by 160% over last year’s report.Consolidation trend: Over a quarter of businesses are opting for fewer suppliers, marking a 160% increase from the previous year. This trend towards consolidation is driven by a desire to reduce supply disruptions, even as businesses grapple with the trade-offs between diversification and control, and risk management.Trade hurdles in 2024: Businesses face significant challenges in exporting and importing due to transport expenses (26%), shortages of vital production inputs (22%), and concerns about rising inflation and economic unpredictability (27%). Uncertainties surrounding tariffs also remain a substantial concern, with 20% expressing apprehension regarding exports and 21% concerning imports.

Brian Enright, CEO & Managing Director, DP World Americas, said: “Businesses are inherently cautious amidst ongoing economic pressures, especially given heightened geopolitical tensions. The intricate dynamics of globalization and the broader landscape are reshaping global trade. There is a growing conviction that technology integration, coupled with agile supply chain strategies, has the potential to revolutionize the efficiency and resilience of supply chains, enabling businesses to adapt more quickly and seamlessly. Our commitment to innovation will enhance the vital connectivity, efficiency, and adaptability needed by businesses.”

To view the full report, please click here.

–END–

DP World Americas Media Contact:

Melina Vissat, Head of Communications 
M: (+1) 704-605-6159 
E: melina.vissat@dpworld.com

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About Economist Impact 

Economist Impact combines the rigour of a think-tank with the creativity of a media brand to engage an influential global audience. We partner with corporations, foundations, NGOs and governments across big themes including sustainability, health and the changing shape of globalisation to catalyse change and enable progress. Learn more: impact.economist.com.

About Trade in Transition 

This is the fourth edition of the Trade in Transition report commissioned by DP World and led by Economist Impact. It is a global survey that retrieves data from over 3,500 executives, examining private sector sentiment on international trade and supply chains. More specifically it looks at how factors such as geopolitics, climate change and technology impact trade and supply chains.

Trade in Transition looks into regional (North America, South America, Europe, Middle East, Africa, and Asia-Pacific) and sectoral data (FMCG, industrial, consumer goods, food-and-drink, energy-and-natural resources, health and pharma, and logistics and distribution) to compare and contrast priorities in international trade. Learn more: economistimpact.com/trade-in-transition/

About DP World 

Trade is the lifeblood of the global economy, creating opportunities and improving the quality of life for people around the world. DP World exists to make the world’s trade flow better, changing what’s possible for the customers and communities we serve globally.

With a dedicated, diverse and professional team of more than 106,500 employees from 158 nationalities, spanning 73 countries on six continents, DP World is pushing trade further and faster towards a seamless supply chain that’s fit for the future.

We’re rapidly transforming and integrating our businesses — Ports and Terminals, Marine Services, Logistics and Technology – and uniting our global infrastructure with local expertise to create stronger, more efficient end-to-end supply chain solutions that can change the way the world trades.

What’s more, we’re reshaping the future by investing in innovation. From intelligent delivery systems to automated warehouse stacking, we’re at the cutting edge of disruptive technology, pushing the sector towards better ways to trade, minimising disruptions from the factory floor to the customer’s door. 

WE MAKE TRADE FLOW 
TO CHANGE WHAT’S POSSIBLE FOR EVERYONE.

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