Friday September 4th, 2015

The International Olympic Committee will establish a $2 million fund dedicated to refugee aid, reports the Associated Press.

IOC President Thomas Bach announced the fund's creation on Friday, saying that the Olympic Movement wanted to take part in humanitarian efforts to assist the refugee crisis in the Middle East, Africa and Europe.

“We know through experience that sport can ease the plight of refugees, many of them young people and children,” Bach said. “Our thoughts are with the many refugees risking their lives and the lives of their families to escape danger.”

The IOC will donate $1 million to the fund, and an additional $1 million will come from the Olympic Solidarity program. The money will be used by the IOC and national Olympic committees to create programs to help refugees and migrants.

The IOC has a long-standing relationship with the United Nationals and its High Commissioner for Refugees.

US Olympic Committee announces Los Angeles bid for 2024 Games

- Erin Flynn

SI Apps
We've Got Apps Too
Get expert analysis, unrivaled access, and the award-winning storytelling only SI can provide - from Peter King, Tom Verducci, Lee Jenkins, Seth Davis, and more - delivered straight to you, along with up-to-the-minute news and live scores.