Research on hosting the Games in the future was launched by Swiss Olympic and has found that the country has the potential to host using a "new concept".

This would be a decentralised model using entirely existing facilities across the country, in all four language regions of Switzerland.

The study has also said that the Games could be privately financed with an Opening Ceremony in Lausanne, the Olympic capital.

Swiss capital Bern has been proposed for the Closing Ceremony.

"Switzerland can become the first Olympic host country in history," Swiss Olympic said.

The study will now be considered by Switzerland's Sports Parliament in November, to decide on the next step.

This could be entering the next stage of dialogue with the International Olympic Committee (IOC).

"The Executive Board of Swiss Olympic has analysed the feasibility study," said the NOC's President Jürg Stahl. 

"We will submit a proposal to the Sports Parliament to declare to the IOC at its meeting on November 24 that it is willing to enter into the next phase of dialogue for the Olympic and Paralympic Winter Games in Switzerland."

Swiss Olympic said the country is focusing on the 2030 Games but 2034 remains as an alternative option.

At the IOC Session which concluded in Mumbai in India on Tuesday (October 17), a potential double award of the 2030 and 2034 editions was approved.

Granting further time for the Future Host Commission to examine the future of winter sport was the justification provided for the move, amid fears of climate change and a dwindling pool of potential hosts.

Switzerland, France and Sweden were announced as the contenders for 2030.

Salt Lake City has long made its preference for the 2034 Games known.

The Swiss Olympic feasibility study has been worked on for six months and involved winter sport federations and Paralympic bodies.

Experts and stakeholders were all interviewed.

"The Olympic Movement is at the beginning of a new era - with Games organised as sustainably as possible, from which many areas of society should benefit," said Swiss Olympic vice-president Ruth Wipfli Steinegger, the head of the Steering Committee which is exploring a bid.

"The feasibility study reinforces our vision that Switzerland can shape the start of this new era with its innovative strength - and that such Games have the power to move Switzerland forward as well."

By 2027, nine or 10 Winter Olympic sports will have hosted World Championships in Switzerland, it is claimed.

The study says that speed skating would be held in another country to avoid building a new ice oval.

"The study shows that the Winter Games in Switzerland could be held entirely on existing infrastructure thanks to a decentralised concept," Swiss Olympic said.

"From Vaud via Valais and Zurich to Graubünden. 

"This ensures the greatest possible sustainability and significantly reduces the burden on the organisational budget."

According to the study, hosting the Olympics and Paralympics could bring in €1.5 billion (£1.3 billion/$1.6 billion).

With referendum defeats previously derailing other Olympic bids, the study also focused on public support and claims 67 per cent of people said they were in favour of hosting in Switzerland.

Urs Lehmann, the President of Swiss Ski, said: "Switzerland is in the fortunate position of already having practically all the necessary infrastructure – from sports facilities to accommodation to the transport network. 

"Let's seize this opportunity.

"And let's make the Olympic and Paralympic Winter Games not just an unforgettable sporting event, but a sustainable stimulus programme for Switzerland and Swiss sport."

Switzerland has hosted the Winter Olympics twice before - in 1928 and 1948 in St Moritz.