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First with the News

Qatar Unveil FIFA World Cup 2022 Legacy Fund

November 28, 2024
in Sports, Top Stories
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By Victor Kanayo

FIFA has launched World Cup Qatar 2022 Legacy Fund with an investment of $50 million.

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AU Summit: Nigeria Secures Permanent Seat On African Central Bank Board

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The unveiling which was first announced in November, 2022, according to the World football governing body, takes its implementation to the next level.

A statement by FIFA said carrying it out will be in a series of social programmes in collaboration with Qatar and three global organisations, namely the World Health Organisation (WHO), the World Trade Organisation (WTO) and UNHCR, the UN Refugee Agency.

“The objective of this fund and the multi-stakeholder partnership help Fifa deliver results beyond the pitch and support international organisations drive positive social and developmental impacts across the globe.

“The groundbreaking initiative was presented and signed during an online meeting attended by Fifa President Gianni Infantino, WTO Director-General, Dr Ngozi Okonjo-Iweala, WHO Director-General Dr Tedros Adhanom Ghebreyesus, UN High Commissioner for Refugees Filippo Grandi, and the Supreme Committee for Delivery & Legacy (SC) Secretary General H.E. Hassan Al Thawadi.

“For the first time, the Fifa World Cup Legacy Fund will be invested in social impact projects in different regions across the following pillars,” the statement said.

Already, plans are on top gear for 2026 World Cup with the qualification processes in parts of various continents ongoing.

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