Impact of World War II on Nobel Peace Prize allocation and the importance of peace.
| PoliticalEvents |
Updated By: History Editorial Network (HEN)
Published:
3 min read
The Nobel Peace Prize was not awarded this year. The outbreak of World War II significantly impacted the Nobel Prize proceedings. Alfred Nobel's will allows for the prize money to be allocated differently if no suitable candidate is found. As a result, one-third of the prize money was allocated to the main fund and the remaining two-thirds were redirected to the special fund of this prize section. This was done in accordance with the Nobel Foundation's regulations.
The decision reflected the turbulent global context. During wartime, identifying individuals or organizations whose contributions align with the prize's peace-promoting goals becomes challenging. The war affected many countries involved and posed logistical difficulties for the Nobel Committee's processes.
At times when the prize is not awarded, the funds are set aside, allowing the Nobel Foundation to reinforce its financial stability and ensure future prizes. This reallocation of unawarded prize money illustrates the flexibility within the Nobel system to adapt to extraordinary circumstances. The reallocation not only preserves funds but also highlights the importance of maintaining and promoting peace even in times of conflict.
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Primary Reference: Nobel Prize facts - NobelPrize.org

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