Nobel Peace Prize to be awarded in Norway as prediction markets heat up

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Nobel Peace Prize to be awarded in Norway as prediction markets heat up

Last year, Venezuelan opposition leader María Corina Machado won the Nobel Peace Prize

Kostya Manenkov , Mark Lewis & Stefanie Dazio Friday 09 October 2026 08:44 BST

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Trump: Nobel committee faces ‘great discredit’ if I don’t win peace prize

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The winner of the Nobel Peace Prize, widely regarded as the world’s most prestigious accolade, is set to be revealed on Friday in Oslo, Norway.

Prognosticators suggest potential contenders this year include the International Space Station, emergency teams in Sudan, children’s advocates in Ukraine and two top international courts.

Prime Minister Mark Carney of Canada has drawn interest in prediction markets, while U.S. President Donald Trump has long sought the award and repeatedly claimed he deserves it.

This year, the Norwegian Nobel Committee in Oslo received 287 candidate nominations, with organisations accounting for just over a quarter of the total. Experts note that the committee usually concentrates on the durability of peace, the promotion of international fraternity and the quiet work of institutions that strengthen those goals.

Last year, Venezuelan opposition leader María Corina Machado won the Nobel Peace Prize for her struggle to achieve a democratic transition in the South American nation, winning recognition as a woman “who keeps the flame of democracy burning amid a growing darkness.”

US President Donald Trump open image in gallery
US President Donald Trump ( Reuters )

Machado gave Trump her Nobel medal shortly after the United States ousted then-President Nicolás Maduro. But it was largely a symbolic gesture: the Nobel Committee has said the honour itself cannot be transferred.

Nominations can be made by a select group of people and organisations, including heads of state or politicians serving at a national level, university professors, directors of foreign policy institutes, past Nobel Prize recipients and members of the Norwegian Nobel Committee itself.

Four of this year’s Nobels were announced earlier this week. The Nobel for medicine went to three scientists whose work led to a tool that uses light to help unravel how the brain works. The physics award recognised a scientist’s efforts to demystify a rare group of neutrinos. The chemistry prize recognized two scientists for untangling mysterious mirror images in molecules, a discovery that has been used to develop countless drugs.

Canadian poet, essayist and translator Anne Carson won the literature prize Thursday for “bold and inventive” works that fuse the classical and the modern and blur the boundaries of poetry and prose.

The Nobel Memorial Prize in Economic Sciences will be announced Monday.

The prize money this year is 12 million Swedish kronor (about $1.2 million), whether for an individual, small group of laureates or organisation.

Peace prize hits its 125th anniversary

This year marks the 125th anniversary of the peace prize, which so far has gone to 112 individuals and 28 separate institutions since its inception in 1901. The Red Cross has won three times and the UN refugee agency twice.

Just 20 of the 112 individual laureates have been women, but eight of those women received the prize in the past 15 years.

Education activist Malala Yousafzai is the youngest laureate; she won at 17 in 2014.

Nobel laureate Malala Yousafzai open image in gallery
Nobel laureate Malala Yousafzai ( Getty )

The United States is the most-credited country, with 24 awards naming U.S. institutions or individuals, ahead of the United Kingdom (13) and Switzerland (11). Yet no laureate listed as American has won since U.S. President Barack Obama was awarded in 2009.

The prize has gone unawarded on 19 occasions, most of them during the world wars. In 1948, the year Mahatma Gandhi was assassinated, no prize was awarded; he had been nominated 12 times and never won.

In 1939, a Swedish member of parliament nominated Adolf Hitler, then withdrew the nomination on Feb. 1, saying it was never meant seriously.

More about

NorwayMaria Corina MachadoDonald TrumpNobelMark CarneyNobel Peace PrizeOsloUkraineExperts

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