Norwegian Nobel Institute

The Norwegian Nobel Institute is the organization responsible for awarding the Nobel Peace Prize. It is currently in the news due to a recent offer by Venezuelan opposition leader María Corina Machado to share her Nobel Peace Prize with former U.S. President Donald Trump, who has publicly expressed his desire to receive the award. The Institute has firmly rejected this suggestion, stating that once a Nobel Prize is announced, it cannot be revoked, shared, or transferred to another individual. This stance highlights the Institute's commitment to maintaining the integrity and prestige of the Nobel Peace Prize and underscores the established protocols governing its awarding process. The situation is relevant as it touches upon the political significance of the prize and the Institute's role in safeguarding its reputation against perceived attempts to leverage it for political gain.