Olympic Laurel Award to Muhammad Yunus

• 20 Jul 2021

• The Nobel Peace Prize (2006) winner Muhammad Yunus will be honoured with the 2nd Olympic Laurel Award on the opening day of the Tokyo Olympics on July 23, 2021.
• He will be honoured for his special contribution to sports - he has created a social organisation called ‘Yunus Sports Hub’ that promotes the theory of development through sports.
• He has also collaborated with the International Olympic Committee (IOC) on several projects, including educational elements of the IOC Young Leaders Programme, the ‘Imagine’ Peace Youth Camp and the Athlete365 Business Accelerator – the first comprehensive entrepreneurship programme to help Olympians with career transition.
• Muhammad Yunus is a Bangladeshi social entrepreneur, banker, economist, and civil society leader. He was awarded the Nobel Peace Prize for founding the Grameen Bank and pioneering the concepts of microcredit and microfinance.
• This Olympics honour was first given at the 2016 Rio Olympics. Kenyan Olympian and social changemaker Kip Keino received this honour at the Rio Olympics. He received the award for providing safe housing, schools and sports training for Kenyan children.