1255 GMT February 20, 2018
"The organization is receiving the award for its work to draw attention to the catastrophic humanitarian consequences of any use of nuclear weapons and for its groundbreaking efforts to achieve a treaty-based prohibition of such weapons," said Norway's Nobel Committee President Berit Reiss-Andersen, AFP reported.
More than 70 years since atomic bombs were used on the Japanese cities of Hiroshima and Nagasaki, and as tensions flare over the North Korean crisis, the Nobel committee sought to highlight ICAN's tireless efforts to rid the world of nuclear weapons.
A coalition of more than 300 NGOs founded in Vienna in 2007 on the fringes of an international conference on the nuclear Non-Proliferation Treaty, ICAN has tirelessly mobilized campaigners and celebrities alike in its cause.
It was a key player in the adoption of a historic nuclear weapons ban treaty, signed by 122 countries in July. However, the accord was largely symbolic as none of the nine known world nuclear powers signed up to it.
The organization will receive its prize – consisting of a gold medal, diploma, and a check for nine million Swedish kronor (£845,000) at a ceremony in Oslo on December 10, the anniversary of the death in 1896 of the prize's creator, Swedish philanthropist and dynamite inventor Alfred Nobel.
The Norwegian committee that chooses the winner sorted through more than 300 nominations for this year's award, which recognizes both accomplishments and intentions, the Telegraph wrote.
The Norwegian Nobel Committee does not release names of those it considers for the prize, but said 215 individuals and 103 organizations had been nominated.
Iran’s Mohammad Javad Zarif and EU’s Federica Mogherini were among the best guesses for who might win this year.
Iranian Foreign Minister Zarif and High Representative of the European Union for Foreign Affairs and Security Policy Mogherini negotiated the Iran nuclear deal. As the Peace Research Institute Oslo (PRIO) had written, “the peaceful and successful resolution of the Iran nuclear dispute . . . would be a worthy and notable winner of the Nobel Peace Prize.”