the Global Challenges Foundation launched the Global Challenges Prize – A New Shape, an international competition that calls on people of academia, politics, business and civil society worldwide for proposals that outline new models of global governance. It offered $5 Million in prizes with the best entry receiving at least $1 million. The foundation would then back efforts to bring the winning ideas towards implementation. The award ceremony took place at the end of May 2018 in Stockholm. References External links Foundations based in Sweden Existential risk organizations Organizations established in 2012 2012 establishments in Sweden