Norwegian Nobel Institute

The Norwegian Nobel Institute is the organization responsible for awarding the Nobel Peace Prize. It is in the news recently due to Venezuelan opposition leader María Corina Machado's public offer to share her Nobel Peace Prize (awarded to her in October) with former U.S. President Donald Trump, who has long desired the award. The Institute has firmly rejected this possibility, stating that once a Nobel Prize is announced, it cannot be revoked, shared, or transferred to others. This stance has garnered media attention, highlighting the Institute's role in upholding the integrity and prestige of the Nobel Peace Prize and clarifying the rules surrounding its conferment. The situation underscores the Nobel Institute's authority and the enduring significance of the Peace Prize in international affairs.