Budget That Will Ensure the Games Are a "Lasting Success"
Fully integrating the principles of sustainable development, the budget has been
carefully thought out to fulfil every requirement with regard to transparency,
accountability, performance and fiscal balance, while also contributing to the
country’s long-term development.
Cost-Control and Limited Capital Expenditure: A Crucial Objective
The cost of the Paris Games is estimated to be EUR 4.1 billion (EUR 2.2 billion
for the Organisation budget; and EUR 1.9 billion for the non-OCOG budget). In
addition, the Paris Games will benefit from EUR 3.2 billion in investments already
committed for infrastructure enhancements over the period, regardless of whether
Paris is elected Host City. The resulting cost control, facilitated by the quantity
and quality of existing infrastructures, will have a positive impact on the planning,
construction and financing of the Games.
Planning Cautiously and Balancing the Budget: Two Concepts Fully Adopted
In order to avoid unnecessary expenditure and best fulfil Games requirements,
Paris 2012 has opted to build temporary venues, thus reducing "white elephants"
where no post-Olympic use has been identified. Revenue from the operating budget
will provide enough to cover the related costs. Permanent facilities are to be
built only in response to previously-identified needs, with post-Games usage plans
already set out.