Pakistani teenager Malala Yousafzai, shot in the head by the Taliban two years ago for advocating girls' right to education, and Indian children's rights advocate Kailash Satyarthi won the 2014 Nobel Peace Prize on Friday.
The prize, worth about $1.1 million, will be presented in Oslo on Dec. 10, the anniversary of the death of Swedish industrialist Alfred Nobel, who founded the award in his 1895 will.
Statement from The Nobel Peace Prize Committee:
The Norwegian Nobel Committee awarded Nobel Peace Prize to Satyarthi and Yousafzay for their struggle against the suppression of children and young people and for the right of all children to education.
"Children must go to school and not be financially exploited. In the poor countries of the world, 60 percent of the present population is under 25 years of age. It is a prerequisite for peaceful global development that the rights of children and young people be respected. In conflict-ridden areas in particular, the violation of children leads to the continuation of violence from generation to generation," the committee said.