It is UK Sport’s role to ensure that the resources available to support our Olympic and Paralympic athletes are targeted to maximise their chance of medal success. To ensure our decision making is open and transparent, we review our Investment Principles every four years – and Annual Reviews are conducted each year to assess sports progress. The Investment Principles not only enable our strategic approach, but also the fact that funding is a privilege and not a right. At the heart of our investment approach is our philosophy of targeted investment to support all credible medal potential within the high performance system. This approach focuses the resources available towards athletes and sports with the greatest chance of succeeding on the world stage, across an eight year pathway. UK Sport’s investment principles mean we reinforce excellence, support talent and challenge under performance. We strive to invest the right resources, in the right athletes, for the right reasons. This approach, along with record levels of investment from the National Lottery, Exchequer and Team 2012 helped Great Britain achieve 67 Olympic medals and 147 Paralympic medals at Rio 2016 and five Olympic and seven Paralympic medals at PyeongChang 2018.