AGFUND International Prize for Pioneering Human Development Projects is an annual prize established in 1999 by the Arab Gulf Programme for Development (AGFUND), with the aim of inciting and encouraging innovation and creativity in the areas of human development.
Idea of the Prize
The idea of the Prize was 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.
In this sense, AGFUND Prize is considered to be the first initiative of its kind 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.
1- Support the distinguished efforts aiming at the promotion and development of the concepts and dimensions of human development.
2- Disseminate the successful project experiences.
3-Highlight the best practices, which aim to improve the living conditions of the poor and disadvantaged with particular emphasis on women and children.
4- Enhance the exchange of experiences and develop better mechanisms to find solutions to the problems of poverty, marginalization and socioeconomic exclusion of vulnerable groups.
The Prize shall be handed over to the highest officials of the winning organizations in an annual ceremony, to which representatives of the local and international development organizations located in the hosting country, development experts and specialists, diplomats, and media representatives are invited.