AGFUND has partnerships with 444 international, regional, and governmental organizations, through which it supports development projects.
Arab Gulf Programme for Development (AGFUND) is a regional organization, established in 1980 by the initiative of His Royal Highness the late Prince Talal bin Abdulaziz and the support of the leaders of the Gulf Cooperation Council. AGFUND aims at the roots of human development problems, targeting all segments of society without discrimination.
AGFUND contributes to the achievement of the sustainable development agenda 2030 by financing projects that meet its standards and through Prince Talal International Prize for Human Development, which is an incubator for projects targeted by AGFUND.
About the Prize
Prince Talal International Prize for Human Development, carries a financial reward of US$ 1,000,000, awarded annually by the Arab Gulf Programme for Development (AGFUND) with the aim of inciting and encouraging innovation and creativity in 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.
Since its establishment in 1999, the prize has been known as AGFUND International Prize for Pioneering Human Development Projects. Following the passing away of His Royal Highness Prince Talal bin Abdul Aziz Al Saud, founder of AGFUND, in December 2018, the AGFUND’s Board of Directors decided to rename the prize after the late Prince Talal. This decision was taken to commemorate his lifelong dedication to the service of human development and poverty alleviation through AGFUND and the other institutions he established. Hence, the prize new name is “Prince Talal International Prize for Human Development”.
Stemmed from AGFUND’s approach to enhance development performance and support key development projects, the overall objective behind the Prize idea is to contribute to the efforts aiming to achieve sustainability in development and investment in people.
In this sense, Prince Talal International Prize has become a leading mechanism to identify successful development projects, reward them and disseminate their innovative ideas to best contribute to the improvement of development work. It is also an innovative approach and a strategic instrument to exchange successful experiences to strengthen the mechanisms of development cooperation and project funding with special emphasis on the most prominent factors that militate against development and affect the vulnerable groups, particularly women and children in developing countries. These include poverty, social exclusion, socio-economic marginalization, education and health.
Prize objectives:
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.
How to Apply
Nomination for Prince Talal Prize shall be made by filling out the e-nomination form on the AGFUND website.
Only the completed and already evaluated projects as well as the ongoing projects of which, at least, the first phase is completed and evaluated are eligible to compete for the Prize.
No one can nominate his/her or its project. However, each of the following entities is eligible, as third party, to nominate for the Prize; UN organizations, regional, international and national NGOs, governments agencies, public institutions, universities and research centers, syndicates and experts in the field.
Nomination for Prince Talal International Prize for Human Development shall be made by filling out the online Nomination Form on AGFUND website: https://agfund.org
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