Its all change for the world 's top sporting event -- the Olympic Games . The International Olympic Committee ( IOC ) has made 40 new recommendations in an attempt to make hosting the Games more affordable . The 2014 Winter Games cost Russia an estimated $ 50 billion and IOC members believe such an exorbitant cost has put off potential future bidders . In September , Norway withdrew its candidature to host the 2022 Winter Olympics , while Stockholm , Krakow and Lviv also pulled out of the running . That left just two cities -- Beijing in China and Kazakhstan 's Almaty -- vying to host the 2022 Games . `` We have to look into the future and try to address the challenges which may arise in the future and the challenges we have already now , '' International Olympic Committee President Thomas Bach told reporters . `` We want to show with this procedure that the IOC is opening up , that we are opening a window and we want to have fresh wind coming in , '' According to the new reforms announced on Tuesday , bidding costs will be reduced while there will also be a `` significant financial contribution from the IOC . '' The new rules will permit the organization of events outside of the host city , as at London 2012 , while in exceptional circumstances , even taken outside the host country . The IOC has also announced that it will include the non-discrimination on sexual orientation in the Olympic charter following the controversy surrounding the Sochi Games and Russia 's political laws on homosexuality . `` Over the past year many people have asked me why there is a desire to make changes . After all , they say , the Olympic Games , the IOC , and the Olympic Movement have enjoyed many successes and we are in a very good position , '' said President Bach . `` My answer is that we are now in the position to drive change ourselves rather than being driven . `` We have to take leadership with Olympic Agenda 2020 . We have the opportunity , and we must seize the moment -- now is the time for change . '' Also amongst the recommendations are plans to cap the number of athletes and coaches while the IOC wants women to make up 50 % of those competing . A vote on the IOC 's proposals will be held at a meeting in Monaco on 8 and 9 December . Bach has also confirmed that sports will not have to wait seven years to be approved for a place at the Olympics , insisting the IOC can propose new events . `` Now the door is open ( for sports ) . The IOC by itself can also take a decision that we are adding this or that event , '' Bach said . `` It only has to happen before the city is elected so that candidates know what they have to deal with . Any changes after can happen in agreement with the host city . '' The Tokyo Games , which will be held in 2020 , is pushing for the inclusion of baseball and softball following their exclusion from the 2008 . The next Winter Games takes place in Pyeongchang , South Korea , in 2018 , while Rio de Janeiro will host the Summer Olympics in two years time .
International Olympic Committee reveals new plans . New incentives for countries hoping to bid for Games . The IOC is expected to announce the host city in September or October 2012 and will then choose a site by November 2013. IOC to vote on new reforms on December 8 and 9 .