The North-South Prize is awarded each year to two candidates who promote solidarity between the North and South, and have distinguished themselves in the protection of human rights, defence of pluralist democracy, and raising public awareness on issues of global interdependence and solidarity. His Highness Prince Karim Aga Khan IV discussed the importance of pluralism and hope in this speech at the North-South Prize Ceremony on 12 June 2014 in Lisbon, Portugal.