Welcome to my

presentation

Social business and Paris Olympics: Bangladeshi invention,

global participation

Supervisor
Professor Abul Hasnat Md. Mofizul Hoque
Associate professor and Head
Department of Accounting
Cox’s Bazar Govt.College

Prepared By
Mohammad Ali Hasan
MBA (Final) Year
Registration Number: 20325095013
Roll number: 2051046

Cox's Bazar Govt. College, Cox’s Bazar

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 SOCIAL BUSINESS (Bangladeshi invention)

General Idea Of SOCIAL BUSINESS

1.0 What is Social Business?

Social business is a cause-driven business. In a social business, the investors/owners
can gradually recoup the money invested, but cannot take any dividend beyond that
point. Purpose of the investment is purely to achieve one or more social objectives
through the operation of the company; no personal gain is desired by the investors. The
company must cover all costs and make profit, at the same time achieve the social
objective, such as, healthcare for the poor, housing for the poor, financial services for
the poor, nutrition for malnourished children, providing safe drinking water, introducing
renewable energy, etc. In a business way. The impact of the business on people or
environment, rather the amount of profit made in a given period measures the success of
social business. Sustainability of the company indicates that it is running as a business.
The objective of the company is to achieve social goal/s.

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Seven Principles of Social Business:
1. Business objective will be to overcome poverty, or one or more problems
(such as education, health, technology access, and environment) which
threaten people and society; not profit maximization.
2. Financial and economic sustainability.
3. Investors get back their investment amount only. No dividend is given
beyond investment money.
4. When investment amount is paid back, company profit stays with the
company for expansion and improvement.
5. Environmentally conscious.
6. Workforce gets market wage with better working conditions.
7. ...do it with joy.

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Types of Social Businesses:
Type-I: focuses on businesses dealing with social objectives only.
Eg. The product produced is for the benefit of the poor.
Type-II: can take up any profitable business so long as it is owned by the poor
and the disadvantaged, who can gain through receiving direct dividends or by
some indirect benefits.
Eg. The product could be produced by the poor but exported to an international
market while net profits would go towards workers benefits.

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 Different types of Social Business:

Example of Social Business in Bangladesh:

Some examples of existing social businesses in Bangladesh are listed
below:
Grameen Bank
Grameen Veolia Water Ltd.
Grameen Shakti
Grameen Trust
Grameen Fund
Grameen Byabosa Bikash
GC Eye Care Hospital
Grameen Intel
Grameen Reebok
Grameen Distribution Ltd.

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 Scopes of Social Business

2.1 Introduction: Social Business is only for the social well-wisher who wants to
support the society and do something for the community rather than own benefit. Yunus
Center has been the one-stop resource centre for social business related activities both
globally and in Bangladesh. Yunus Centre works to incubate social business ideas and
concepts into real world examples of social business; it also helps forge lasting,
productive relationships among all social business institutions around the world. It
promotes the global social business movement through events, social media and
publications.

Yunus Centre Social Business Design Lab

The Yunus Centre Social Business Design Lab is a meeting place for the people of
diverse backgrounds having only one goal – developing social business for the
betterment of society. The first Design Lab was held on 5 th January, 2013. Since then
Yunus Centre is organizing this program once in every month.

2.2 What is Social Business Design Lab?

The Social Business Design Lab is a daylong program for the people who are interested
in social business. This Design Lab is structured in a way to train, brainstorm and involve
its participants in social business and as well as develop new ideas. People from different
backgrounds join in this program to learn about Social Business and brainstorm on
potential social business ideas.
Prospective participants for this Design Lab are:
Business person
Social business practitioners
Potential investors/ entrepreneur
Donor communities
Academics, innovators
Social workers, NGO personnel etc
Philanthropist
Young entrepreneur

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 Competition of Social Business

Social Business is at the intersection of non-profit & business

sectors

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 PARIS OLYMPIC (Global Participation)

INTRODUCTION OF THE OLYMPIC GAMES OF

PARIS 2024

1.1Introduction: The Paris 2024 Olympic and Paralympic

Games will be the biggest event ever organised in France. The
Olympic Games will take place from 26 July to 11 August
2024. The spectacle taking place during those weeks will go
down in history and Paris will be the centre of the world – the
world of sport and so much more. The Games are a popular,
multicultural festival, a celebration to share with the rest of the

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world. They represent a new adventure that will embark France
on an experience unlike anything it has seen before.

The Logo of Paris Olympic 2024

1.2Olympic Games in a few figures:
• Billions of television viewers worldwide
• 350,000 hours of TV broadcast
• 9,7 millions of spectators
• 41 competition sites
• 10,500 athletes
• 6,000 accredited journalists
• 31,500 volunteers
• +600,000 meals served at the Athletes’ Village every day.

1.3Paris 2024 Olympic games’ key figures:

• The XXXIII Olympiad
• 26 July to 11 August 2024
• 19 days of competition (handball, football and rugby take place from July
24th)
• 329 events
• 206 National Olympic Committees
• 28 sports + (including 4 additional sports)
• 758 sessions
• 10 500 athletes

Paris 2024 has taken the opportunity provided by the IOC in the Olympic Agenda
2020 to propose additional sports to enhance its programme and overall concept.
The IOC is keen to set a new standard for inclusive, gender-balanced and youth-
centred Games.

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 COMPETITION VENUE CONCEPT
Locations: There are 3 types of location for total Olympic competition in
France. They are:
1. IN PARIS (Competition venues in the heart of the city)
2. IN THE ILE-DE-FRANCE REGION (Competition venues around Paris)
3. THROUGHOUT FRANCE (Competition venues located in France)

1 2 3

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GLOBAL PARTICIPATION IN PARIS OLYMPIC 2024

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As of 19 Frebruary 2024, the following 59 National Olympic
Committees have qualified for Paris Summer Olympics, which all 206
NOCs may send competitors regardless of qualification.

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 SPORTS OF PARIS OLYMPIC 2024

4.1 The list of Sports:

• 28 olympic sports
Archery, athletics, badminton, basketball , basketball 3×3, boxing,
canoe slalom, canoe sprint, road cycling, cycling track, mountain
biking, BMX freestyle, BMX racing, equestrian, fencing, football, golf,
artistic gymnastics, rhythmic gymnastics, trampoline, handball,
hockey, judo, modern pentathlon, rowing, rugby, sailing, shooting,
table tennis, taekwondo, tennis, triathlon, volleyball, beach volleyball,
diving, marathon swimming, artistic swimming, swimming, water
polo, weightlifting and wrestling.

• Four additional sports

Breaking, sport climbing, skateboarding, surfing.

MEDIA PARTNERS OF PARIS OLYMPIC 2024

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INTRODUCTION: The partners of Paris Olympic competition 2024
is decided into 3 classifications.
1.Worldwide Partners:

2. Premium Partners:

3.Official Partners:

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 Thanks
To
Your valuable time

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Chapter Table of contents PageNo

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 RECOMMENDATION

“Social Business and Paris Olympics: Bangladeshi Invention,

Global Participation”
Promote Social Business Innovation: Encourage and support Bangladeshi entrepreneurs and
innovators To continue developing social business solutions that align with the sustainability
goals of the Paris Olympics. Establish innovation hubs, incubators, or grants specifically
dedicated to social business Projects related to the Olympics.

Global Collaboration: Foster international collaboration between Bangladeshi social

businesses and global stakeholders, including Olympic organizers, sponsors, and
sustainability-focused organizations. Collaborative partnerships can amplify the impact of
social business initiatives on a global scale.

Education and Training: Provide training and educational programs for aspiring social
entrepreneurs in Bangladesh to equip them with the skills and knowledge needed to develop
and scale social businesses. Partner with academic institutions to offer courses and workshops
on social entrepreneurship and sustainability.

Inclusive Supply Chains: Encourage social businesses to integrate into the supply chains of
Olympic Related projects. Promote the inclusion of products and services from Bangladeshi
social businesses, Such as sustainable textiles, in the production of Olympic merchandise and
infrastructure.

Public Awareness Campaigns: Launch public awareness campaigns in Bangladesh and

globally to showcase the innovative social business solutions developed for the Paris Olympics.
Highlight the positive social and environmental impact of these initiatives to garner support
and investment.

Impact Measurement: Develop robust impact measurement and reporting frameworks for
social business projects associated with the Olympics. Transparently communicate the social,

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environmental, and economic outcomes achieved by these initiatives to build credibility and
attract further investment.

Financial Support: Establish funding mechanisms, grants, or impact investment opportunities

specifically targeted at social businesses participating in Olympic-related projects. Ensure that
these businesses have access to the capital needed to scale their operations.

Role of Social Business in Sustainable Development

Social business plays a pivotal role in advancing sustainable development across various
dimensions- economic, social, and environmental. Its unique blend of entrepreneurial spirit and
social responsibility positions it as a potent force for positive change. Here’s how social
business contributes to sustainable development:
Alleviating Poverty: Social businesses are often designed to address poverty-related
challenges. By providing employment opportunities, access to essential goods and services,
and income-generating activities in underserved communities, they contribute to poverty
reduction and economic development.
Access to Basic Services: Social businesses focus on delivering affordable and accessible
basic services, such as healthcare, education, clean water, and sanitation, to marginalized
populations. This helps improve living standards and well-being, particularly in low-income
areas.
Environmental Sustainability: Many social businesses prioritize environmentally friendly
practices. They may engage in sustainable agriculture, renewable energy, waste management,
and conservation efforts, contributing to a greener and more sustainable planet.
Innovation: Social businesses often pioneer innovative solutions to social and environmental
challenges.Their entrepreneurial approach fosters creativity and experimentation, leading to
novel technologies,Products, and services that benefit society.
Gender Equality: Social businesses frequently promote gender equality by offering economic
opportunities and empowerment to women. This can lead to improved social and economic
outcomes for women and their families.

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Community Development: Social businesses engage with local communities, fostering
community development. They often collaborate with local organizations and employ
community members, which can lead to increased social cohesion and well-being.
Reducing Inequalities: Social businesses aim to reduce disparities in access to resources and
Opportunities. They often target underserved and marginalized populations, helping bridge
social and economic inequalities
Healthcare Access: Social businesses in the healthcare sector provide affordable and
accessible Healthcare services, including preventive care and treatment for diseases. This can
lead to improved Public health and reduced healthcare disparities.
Education: Social businesses focused on education contribute to improved literacy rates and
access to quality education, ultimately fostering human capital development and economic
growth.
Clean Energy Access: Social businesses in the renewable energy sector provide clean and
sustainable energy solutions to off-grid and rural communities, reducing reliance on fossil fuels
and mitigating environmental impact.
Impact Investment: Social businesses attract impact investments from individuals,
foundations, and institutions seeking both financial returns and social impact. These
investments channel funds toward sustainable development initiatives.
Advocacy and Awareness: Social businesses often serve as advocates for social and
environmental Causes, raising awareness and inspiring action among consumers, businesses,
and policymakers.
Community Resilience: By addressing pressing community needs, social businesses can
enhance the resilience of vulnerable populations to external shocks and crises, including natural
disasters and economic downturns.

Paris Olympics and Sustainability Goals

The Paris Olympics, like many other major international sporting events, has recognized the
importance of sustainability and has set ambitious goals to align with broader global

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sustainability initiatives. Here are some key aspects of the Paris Olympics’ commitment to
sustainability goals:
Carbon Neutrality: The Paris Olympics aims to achieve carbon neutrality for its operations.
This involves Minimizing greenhouse gas emissions associated with the event and
implementing strategies to offset. Any remaining emissions. This commitment contributes to
global efforts to combat climate change.
Zero-Waste Games: The organizers have set a target of zero waste for the event. This involves
reducing waste generation, increasing recycling and composting efforts, and minimizing the
use of single-use plastics. The goal is to leave a minimal environmental footprint.
Eco-Friendly Venues: The construction and operation of Olympic venues are designed to be
environmentally responsible. This includes using sustainable building materials, optimizing
energy and water use, and creating green spaces around the venues.
Biodiversity Conservation: The Paris Olympics places a strong emphasis on preserving and
enhancing Biodiversity in the host city. Initiatives include rewilding urban areas, creating green
corridors, and Protecting natural habitats.
Inclusive and Accessible Games: Sustainability also extends to social and economic aspects.
The Paris Olympics is committed to being inclusive and accessible, ensuring that people of all
backgrounds can Participate in and benefit from the event.
Legacy Projects: The organizers are working on legacy projects that will have a lasting
positive impact on the host city and region. These projects encompass urban development,
infrastructure improvement, and sustainable transportation systems.
Promoting Sustainable Lifestyles: The Olympics serve as a platform to promote sustainable
lifestyles and behaviours. This includes encouraging physical activity, healthy living, and eco-
friendly practices among participants and the wider public.
Community Engagement: Engaging local communities and stakeholders is a key part of the
sustainability efforts. The Paris Olympics aims to build partnerships and involve communities
in decision-making processes related to the event’s sustainability initiatives.
Transparency and Reporting: The organizers are committed to transparency in reporting their
sustainability progress. Regular updates and reports on sustainability performance are made
available to the public and stakeholders.
Inspiration for Future Events: The Paris Olympics aspires to set an example for future
sporting events, inspiring them to prioritize sustainability and contribute to global sustainability
goals.

The Intersection of Social Business and Olympic Sustainability

The intersection of social business and Olympic sustainability represents a powerful synergy
that can lead to positive social, environmental, and economic outcomes. Here’s how social
business principles and practices can contribute to and align with the sustainability goals of the
Olympic Games:
Innovative Solutions: Social businesses are often driven by a mission to address social or
environmental challenges through innovative solutions. These solutions can be applied to
Olympic sustainability efforts, offering new approaches to reduce environmental impact,
enhance inclusivity, and promote community well-being.
Local Community Engagement: Social businesses are deeply rooted in local communities
and engage with them to create positive change. The Olympics provide an opportunity to

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leverage social business networks and community partnerships to enhance the social and
economic impact of the games on the host city.
Sustainable Sourcing: Social businesses often prioritize ethical and sustainable sourcing of
materials and Products. This can align with the Olympics’ sustainability goals by ensuring that
items such as uniforms, merchandise, and event supplies are produced and sourced in
environmentally responsible ways.
Inclusive Employment: Social businesses are known for their commitment to providing
employment opportunities for marginalized or underserved communities. Collaborating with
social enterprises during. The Olympics can promote inclusive hiring practices and workforce
development, benefiting local Communities.

Zero Waste Initiatives: Social businesses can contribute to the Olympics’ zero waste goals by
providing eco-friendly products and services, such as compostable packaging or waste
reduction technologies. Partnering with social enterprises can help reduce waste generation
during the games.
Legacy Projects: Social businesses often focus on creating lasting positive impacts on
communities. By integrating social business principles into Olympic legacy projects, the games
can leave a meaningful and sustainable legacy, such as job creation, skills development, and
improved infrastructure.

Importance of Global Participation

Global participation is of paramount importance in the context of the Olympics, especially
regarding Sustainability initiatives and social business endeavours. Here’s why global
participation matters:

Collective Responsibility: Global participation underscores the idea that sustainability is a

shared responsibility. It recognizes that environmental and social challenges transcend borders
and require collaborative efforts from nations, organizations, and individuals worldwide.

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Diverse Expertise: Different regions and countries bring diverse expertise, experiences, and
perspectives to the table. Global participation allows for the exchange of knowledge and best
practices, enriching the sustainability strategies of the Olympic Games.
Innovation and Inspiration: International collaboration fosters innovation by exposing the
Olympics to a wide array of sustainable solutions and technologies from around the world.
These innovations can serve. As inspiration not only for the games but also for future
sustainability efforts on a global scale.
Resource Mobilization: Global participation facilitates the mobilization of resources, both
financial and human. It encourages countries and organizations to contribute funding,
technology, and expertise to Support sustainability projects associated with the Olympics.
Global Engagement: The Olympics are a global event that captures the attention of billions
of people worldwide. By actively engaging a global audience in sustainability initiatives, the
games can raise. Awareness and inspire individuals and communities to take action in their own
lives and regions.
Innovative Bangladeshi Invention for Paris Olympics

Bangladesh, known for its ingenuity and innovative spirit, has the potential to contribute
ground-breaking inventions to the Paris Olympics. Here’s an example of an innovative
Bangladeshi invention that could make a significant impact:
Low-Cost and Eco-Friendly Sportswear from Jute Fiber:
Bangladesh is one of the world’s largest producers of jute, a versatile and sustainable natural
fiber. An innovative invention could involve the development of low-cost, eco-friendly
sportswear made from jute fiber. Here’s why this invention could be a game-changer for the
Paris Olympics:
Sustainability: Jute is a biodegradable and renewable resource. Utilizing jute for sportswear
aligns with the Olympics’ sustainability goals, reducing the reliance on synthetic materials with
a significant environmental footprint.
Climate-Friendly: Jute cultivation is relatively climate-friendly, requiring fewer chemical
inputs compared to some other fibers. This reduces the carbon footprint associated with the
production of sportswear.

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Affordability: Jute is cost-effective and abundantly available in Bangladesh. Producing
sportswear from jute can result in affordable and accessible clothing options for athletes and
participants.

Comfort and Performance: Jute fabric can be engineered to provide comfort, breathability,
and moisture-wicking properties, making it suitable for athletic activities. It can be blended
with other materials to enhance performance.
Promotion of Local Industry: The production of jute-based sportswear could stimulate the
local jute industry in Bangladesh, creating jobs and economic opportunities for communities.
Cultural Significance: Incorporating jute into sportswear design could celebrate Bangladesh’s
cultural heritage and promote its unique identity on the global stage.
Unique Aesthetics: Jute-based sportswear can offer a distinct and visually appealing look,
adding a touch of novelty to the Olympic attire.
Inspiration for Sustainable Fashion: By showcasing jute sportswear at the Paris Olympics,
Bangladesh can inspire the fashion and textile industry to explore sustainable and eco-friendly
alternatives in their designs.

Global Participation and Collaboration

Global participation and collaboration are essential elements for the success and impact of
sustainability initiatives at the Paris Olympics. Here’s why they are crucial:

Diverse Expertise: Global participation brings together experts, innovators, and organizations
from around the world. This diversity of perspectives and knowledge can lead to more
innovative and effective sustainability solutions.

Resource Mobilization: Collaborating with nations and organizations globally enhances the
ability to mobilize resources, whether financial, technological, or human. This support can
significantly bolster the implementation of sustainability projects.

Knowledge Sharing: Collaboration allows for the sharing of best practices and lessons learned
from sustainability efforts in different parts of the world. This knowledge exchange can
accelerate progress and help avoid common pitfalls.

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Inspiration and Accountability: The global nature of the Olympics serves as a source of
inspiration for Individuals and nations to take action on sustainability. It also holds participants
accountable for their Commitments to sustainability goals.

Global Impact: Sustainability initiatives at the Olympics can have a global impact, influencing
not only the host city but also other cities and countries. Collaborative efforts can lead to
broader adoption of sustainable practices worldwide.

Cultural Exchange: Collaboration fosters cultural exchange and understanding among

nations. This Cultural exchange can promote appreciation for different sustainability practices
and traditions.

Legacy and Long-Term Impact: Sustainable initiatives associated with the Olympics can
leave a lasting Legacy. Collaborative efforts ensure that this legacy is one of positive social,
environmental, and Economic impact.

Shared Responsibility: Sustainability challenges, such as climate change and resource

depletion, are global issues that require shared responsibility. Collaborative actions
demonstrate a commitment to addressing these challenges collectively.

Innovation: Collaborative projects often spark innovation by bringing together diverse talents
and resources. This innovation can lead to breakthroughs in sustainable technologies and
practices.

Global Goals Alignment: Collaboration at the Olympics aligns with broader global
sustainability goals, such as the United Nations Sustainable Development Goals (SDGs). It
reinforces the commitment of nations and organizations to these shared objectives.

The Paris Olympics Environmental and Social Impacts

The Paris Olympics sustainability initiatives are poised to have significant environmental and
social Impacts. Here’s a closer look at these impacts:

Environmental Impacts:

Reduced Carbon Emissions: Sustainability efforts, including energy-efficient infrastructure

and transportation options, aim to reduce the carbon emissions associated with hosting the
Olympics. This contributes to the global fight against climate change.

Improved Air Quality: Emphasis on sustainable transportation, reduced vehicular traffic, and
eco-friendly construction practices can lead to improved air quality in the host city, benefiting
both residents and athletes.

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Resource Conservation: Sustainable water and energy management practices can conserve
valuable Resources, reduce waste, and promote responsible resource use.

Biodiversity Enhancement: Sustainability initiatives may include habitat restoration and

green spaces, which can enhance local biodiversity and promote urban ecology.

Waste Reduction: Efforts to minimize waste generation and increase recycling and
composting rates can Have a positive impact on waste reduction and landfill diversion.

Social Impacts:

Inclusivity: Accessibility initiatives ensure that the Olympics are inclusive, welcoming
individuals with Disabilities and promoting social inclusion and diversity.

Community Engagement: Collaboration with local communities can lead to community

development Projects, job creation, and enhanced well-being for residents

Inspiration and Awareness: The Olympics serve as a platform to inspire individuals and
communities to adopt more sustainable lifestyles and raise awareness about pressing
environmental and social Challenges.

Cultural Exchange: The Olympics facilitate cultural exchange and understanding among
nations, celebrating the diversity of the global community and fostering cultural appreciation.

Local Business Opportunities: Sustainability initiatives create opportunities for local

businesses, from eco-friendly suppliers to sustainable construction and infrastructure
development, thereby stimulating economic growth.

Legacy: The long-term impact of sustainability efforts can lead to ongoing sustainability
initiatives in the host city, contributing to a legacy of responsible environmental and social
practices.
Challenges and Opportunities
The Paris Olympics, like any major international event, presents both challenges and
opportunities, especially concerning sustainability and social impact. Here’s a breakdown of
these challenges and opportunities:
Challenges:

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 Environmental Impact: The sheer scale of the Olympics can lead to substantial
environmental impacts, such as increased energy consumption, waste generation, and
transportation emissions.
Cost Overruns: Hosting the Olympics can be financially challenging, with potential cost
overruns and budget concerns. Ensuring that sustainability initiatives remain adequately
funded can be a challenge.
Infrastructure: Developing sustainable infrastructure that meets the demands of the Olympics
and benefits the host city in the long term can be complex and costly.
Logistics and Transportation: Coordinating transportation for athletes, officials, and
spectators while minimizing environmental impact can be challenging. Ensuring that public
transportation is efficient and accessible is crucial.
Community Displacement: Large-scale construction and development for the Olympics can
sometimes lead to the displacement of local communities. Ensuring that such displacements
are minimized and mitigated is essential.
Security and Safety: Ensuring the safety and security of participants and spectators while
managing security's environmental and social impact is a delicate balancing act.
Social Inclusion: Ensuring that the benefits of the Olympics are inclusive and reach
marginalized communities can be challenging. This includes access to economic opportunities
and cultural events.

Opportunities:
Global Showcase: The Olympics provide a global platform to showcase sustainability
initiatives and innovations, inspiring other cities and events to follow suit. Legacy Projects:
The Olympics can leave a lasting legacy of sustainable infrastructure, improve public
Transportation, and enhanced urban development.
Economic Boost: Hosting the Olympics can stimulate the local economy, create jobs, and
attract tourists and investors.
Innovation Hub: The Olympics can serve as a hub for innovation, with opportunities for
showcasing eco- friendly technologies and sustainable practices.

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