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AFD to invest EUR 500 m in sport for sustainable development ..FIFA to install 1,000 sustainable football pitches
The French Development Agency (AFD) Group announced plans to invest EUR 500 million in sport for sustainable development by 2030.
“It is a great honor to have been tasked with making possible the largest ever summit on Sport for Sustainable Development. AFD Group, with its subsidiaries Proparco and Expertise France, will continue to engage on this issue with all its partners, particularly within the framework of the Finance in Common movement,” said Rémy Rioux, Director General of the French Development Agency (AFD) and Chairman of the Finance in Common (FiCS) movement.
NBA Deputy Commissioner Mark Tatum announced that the NBA will work with the French Development Agency (AFD) and other partners around the world to build 1,000 basketball courts in Africa over the next decade. The initiative is part of the league’s efforts to create more spaces for young people to learn and play basketball, and demonstrates its commitment to using the transformative power of basketball to contribute to Africa’s sporting ecosystem and socio-economic development.
Moreover, FIFA President Gianni Infantino announced an ambitious program to install 1,000 sustainable football pitches in schools in support of the 2030 Sustainable Development Goals.
This initiative is part of FIFA’s Football for Schools program, which aims to make football more accessible to boys and girls, and to strengthen the life skills of young people through football. FIFA reinvests the majority of the revenue generated by its flagship competitions in the development of football. Over the period from 2016 to 2026, through the FIFA Forward program in FIFA’s 211 member countries, $ 5 billion will be invested in the sustainable development of football, everywhere and for everyone. This represents a strong global commitment to youth and the future.
Public development banks and other institutions united in the Sustainable Development through Sport1 coalition of the Finance in Common (FiCS) movement commit to investing $ 10 billion, at domestic and international level, in community-based, inclusive and sustainable sports infrastructure by 2030 – the deadline for the SDGs.
The announcements came within the framework of the convocation of the first Sport for Sustainable Development (#Sport4SD) Summit, the largest meeting ever organized on this subject, took place today on the eve of the Olympic Games Paris 2024. On this occasion, France and the International Olympic Committee (IOC) wanted to kick off an unprecedented movement to accelerate the contribution of sport to the United Nations’ Sustainable Development Goals (SDGs) by 2030.
The aim is for the Sport for Sustainable Development Summit to become a recurring event at major sporting events.
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