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 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 another individual. This stance has brought the Institute into the spotlight, highlighting its role in upholding the integrity and prestige of the Nobel Peace Prize and clarifying the rules governing its bestowal. The situation underscores the Institute's authority in maintaining the established protocols surrounding the award.