Prince Talal International Prize for Human Development 2024 (up to $1,000,000 in prizes)

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About Prince Talal International Prize for Human Development

The idea of the Prize is stemmed from AGFUND's approach to enhance development performance and support key development projects in order to achieve the goal of sustainability and investment in people. Prince Talal International Prize for Human Development aims to:

• Support the distinguished efforts aiming at the promotion and enhancement of human
  development concepts.
• Disseminate the successful project experiences.
• Highlight the best practices, which aim to improve the living conditions of the poor and disadvantaged with particular emphasis on women and children.
• Enhance the exchange of experiences and develop better mechanisms to find solutions to the problems of poverty, marginalization and socioeconomic exclusion of vulnerable groups.

Thematic Focus

Each year, the Prize Committee selects the thematic focus for the Prize, taking into account the diversity and non-repetitive themes. The objective is to highlight the innovative experiences and continuously support the distinguished efforts in various field of development. The Prize themes always focus on increasing the knowledge in the field of human development and its proper management. In its meeting held in Geneva on 19 April 2017, the Prize Committee decided to align the Prize subjects with the Sustainable Development Goals 2030 as adopted by the International Community. This year, the focus is on 'Life Below Water' #SDG14.

• Sponsor Organisation: The Arab Gulf Program for Development (AGFUND)

Benefits of Prince Talal International Prize for Human Development

Prince Talal International Prize for Human Development carries cash amount of US$ 1,000,000, certificates of recognition and trophies. The prize amount is allocated for the winners of the Prize in its four categories as follows:

1. First category prize: US$ 400,000

• Specified for projects implemented by UN agencies or international and regional
  NGOs.

2. Second category prize: US$ 300,000

• Specified for projects implemented by national NGOs.

3. Third category prize: US$ 200,000

• Specified for projects implemented by governmental bodies (ministries and public institutions) or social business enterprises.

4. Fourth category prize: US$ 100,000

• Specified for projects initiated, funded and/or implemented by individuals.

Prince Talal International Prize for Human Development Requirements

• The eligible projects for Prince Talal International Prize are the development projects that are implemented in the developing countries to achieve all or some of the targets of the sustainable development goal set as as subject of the Prize.
• Nomination shall be made by a third party, who is not involved in the implementation.

Evaluation Criteria

• Innovative ways with which the project relates to AGFUND mission, values and objectives and to the theme of the Prize.
• Contribution of project design to efficient and effective management and to the fulfillment of project objectives.
• Degree of relevance of project objectives to the theme of the Prize.
• Project impact in terms of types of services provided, and access to project's benefits and services.
• Participation of target beneficiaries in the process of project design and preparation.
• Project transferability or adaptability to other areas/ countries.
• Efficiency of financial management and resource utilization and timelyimplementation.
• Fulfillment of project objectives.
• Sustainability of project activities, benefits and services.
• Environmental and social impact.

Application Date and Process

• Click on the application link to nominate. For more information, see FAQs

Application Deadline

15 January, 2025

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