Tokyo 2020, already delayed by 12 months due to the pandemic, will be held amid tight health measures and the likely absence of international visitors.
Thursday will mark the first time the Tokyo organisers report to the IOC membership under new chief Seiko Hashimoto, who replaced Yoshiro Mori three weeks ago.
Mori was forced to resign over sexist remarks.
Standard Sport reported claims last week that Japan has decided to stage the Olympics and Paralympics without overseas spectators due to public concerns about COVID-19 but that an official announcement would not be made until the end of March.
Before they hear Tokyo’s report, the IOC will re-elect Bach as the German lawyer and 1976 Olympic fencing champion, in charge since 2013, is running unopposed.
IOC presidents can serve two terms in office, their first one lasting eight years and a second of four years if they are re-elected.
Bach has steered the IOC through turbulent times, with the 2014 Sochi winter Games tarnished by a Russian doping scandal and the 2016 Rio de Janeiro summer Games hit by financial problems and corruption.
The pandemic has arguably posed an even bigger threat, however, with Tokyo 2020 the first Olympic Games to be postponed outside of wartime.