South Korea and New Zealand add to WADA anti-doping fund as deadline looms

Craig Reedie

By David Owen
November 9 – Two more countries have made contributions to the World Anti-Doping Agency’s (WADA) embryonic fund for new anti-doping research, enabling the initiative to creep closer to its $20 million target.

South Korea and New Zealand have become the fifth and sixth countries to chip in to the fund, initiated last year with a $10 million commitment from International Olympic Committee (IOC) President Thomas Bach.

South Korea, the host of the next Winter Olympic and Paralympic Games in Pyeongchang in 2018, has made an initial contribution of Won 200 million ($184,000), with a commitment to providing an eventual $500,000.

New Zealand’s contribution totals $20,000.

Sir Craig Reedie, WADA President (pictured), said: “Korea hosted a tremendous Asian Games only weeks ago, and in doing so showed the world its commitment to the sporting values of fair play and honesty.

“It is timely that Korea has followed on from this positive experience by pledging its support to clean sport, and the anti-doping research fund that was announced by the IOC last December.”

He went on: “There can be no doubting New Zealand’s zest for sport and firm belief in fair play, and I am therefore pleased that the country has pledged to commit financially to what is one of the main priorities for anti-doping – research.”

The new commitments take to $8.27 million the aggregate sum now committed to the fund by the six countries – China, the United States, Turkey, Saudi Arabia, South Korea and New Zealand.

Because of WADA’s structure – the agency is funded broadly 50% by the IOC and 50% by Governments – the proposed $10 million IOC investment must be matched by public authorities if it is to be released in full as planned.

Just over a week remains until the WADA Foundation Board meeting in Paris on November 16 that constitutes the deadline for finding the remaining $1.73 million necessary for the fund to reach its $20 million target.

Contact the writer of this story at moc.l1734924003abtoo1734924003fdlro1734924003wedis1734924003ni@ne1734924003wo.di1734924003vad1734924003