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Russian Journalist’s Nobel Peace Prize Fetches Record $103.5 Mln at Auction to Aid Ukraine Children

The 2021 Nobel Peace Prize is held by a handler before the start of an auction benefiting Ukrainian children, at The Times Center in New York, New York, US, 20 June 2022. (EPA)
The 2021 Nobel Peace Prize is held by a handler before the start of an auction benefiting Ukrainian children, at The Times Center in New York, New York, US, 20 June 2022. (EPA)
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Russian Journalist’s Nobel Peace Prize Fetches Record $103.5 Mln at Auction to Aid Ukraine Children

The 2021 Nobel Peace Prize is held by a handler before the start of an auction benefiting Ukrainian children, at The Times Center in New York, New York, US, 20 June 2022. (EPA)
The 2021 Nobel Peace Prize is held by a handler before the start of an auction benefiting Ukrainian children, at The Times Center in New York, New York, US, 20 June 2022. (EPA)

Dmitry Muratov, the co-winner of the 2021 Nobel Peace Prize and the editor of one of Russia's last major independent newspapers, auctioned off his Nobel medal for a record $103.5 million to aid children displaced by the war in Ukraine.

All proceeds from the auction, which coincided with the World Refugee Day on Monday, will benefit UNICEF's humanitarian response for Ukraine's displaced children, Heritage Auctions, which conducted the sale in New York, said in a statement.

Muratov's Novaya Gazeta newspaper, fiercely critical of President Vladimir Putin and his government, suspended operations in Russia in March after warnings from the state over its coverage of the war in Ukraine.

Pressure against liberal Russian media outlets has been continuous under Putin, Russia's paramount leader since 1999, but it has mounted after Moscow sent troops into Ukraine on Feb. 24. Muratov was attacked with red paint in April.]

Russia's mainstream media and state-controlled organizations follow closely the language used by the Kremlin to describe the conflict with Ukraine, which Moscow calls a "special operation" to ensure Russian security and denazify its neighbor. Kyiv and its Western allies say it is an unprovoked war of aggression.

According to US media reports, the auction of Muratov's prize shattered the record for any Nobel medal that has been auctioned off, with reports saying that the previous highest sale fetched just under $5 million.

"This award is unlike any other auction offering to present," Heritage Auctions said in a statement before the sale.

"Mr. Muratov, with the full support of his staff at Novaya Gazeta, is allowing us to auction his medal not as a collectible but as an event that he hopes will positively impact the lives of millions of Ukrainian refugees."

Muratov, who co-founded Novaya Gazeta in 1991, won the 2021 the Nobel Peace Prize with Maria Ressa of the Philippines for what the Nobel Prize committee said were "their efforts to safeguard freedom of expression, which is a precondition for democracy and lasting peace".

Muratov, who pledged to donate about $500,000 of that prize money to charities, dedicated his Nobel to the six Novaya Gazeta journalists who have been murdered since 2000.

That list included the journalist Anna Politkovskaya, a critic of Russia's war in Chechnya, who was killed in 2006 in the elevator of her Moscow apartment building.

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84% of the World’s Coral Reefs Hit by Worst Bleaching Event on Record 

This handout photo taken on March 12, 2025 and released on March 26 by the Minderoo Foundation shows a diver inspecting corals impacted by a bleaching event on the Ningaloo Reef off Australia's west coast. (Photo by Violeta J Brosig / Minderoo Foundation / AFP)
This handout photo taken on March 12, 2025 and released on March 26 by the Minderoo Foundation shows a diver inspecting corals impacted by a bleaching event on the Ningaloo Reef off Australia's west coast. (Photo by Violeta J Brosig / Minderoo Foundation / AFP)
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84% of the World’s Coral Reefs Hit by Worst Bleaching Event on Record 

This handout photo taken on March 12, 2025 and released on March 26 by the Minderoo Foundation shows a diver inspecting corals impacted by a bleaching event on the Ningaloo Reef off Australia's west coast. (Photo by Violeta J Brosig / Minderoo Foundation / AFP)
This handout photo taken on March 12, 2025 and released on March 26 by the Minderoo Foundation shows a diver inspecting corals impacted by a bleaching event on the Ningaloo Reef off Australia's west coast. (Photo by Violeta J Brosig / Minderoo Foundation / AFP)

Harmful bleaching of the world's coral has grown to include 84% of the ocean's reefs in the most intense event of its kind in recorded history, the International Coral Reef Initiative announced Wednesday.

It's the fourth global bleaching event since 1998, and has now surpassed bleaching from 2014-17 that hit some two-thirds of reefs, said the ICRI, a mix of more than 100 governments, non-governmental organizations and others. And it's not clear when the current crisis, which began in 2023 and is blamed on warming oceans, will end.

“We may never see the heat stress that causes bleaching dropping below the threshold that triggers a global event,” said Mark Eakin, executive secretary for the International Coral Reef Society and retired coral monitoring chief for the US National Oceanic and Atmospheric Administration.

“We’re looking at something that’s completely changing the face of our planet and the ability of our oceans to sustain lives and livelihoods,” Eakin said.

Last year was Earth’s hottest year on record, and much of that is going into oceans. The average annual sea surface temperature of oceans away from the poles was a record 20.87 degrees Celsius (69.57 degrees Fahrenheit).

That's deadly to corals, which are key to seafood production, tourism and protecting coastlines from erosion and storms. Coral reefs are sometimes dubbed “rainforests of the sea” because they support high levels of biodiversity — approximately 25% of all marine species can be found in, on and around coral reefs.

Coral get their bright colors from the colorful algae that live inside them and are a food source for the corals. Prolonged warmth causes the algae to release toxic compounds, and the coral eject them. A stark white skeleton is left behind, and the weakened coral is at heightened risk of dying.

The bleaching event has been so severe that NOAA’s Coral Reef Watch program has had to add levels to its bleaching alert scale to account for the growing risk of coral death.

Efforts are underway to conserve and restore coral. One Dutch lab has worked with coral fragments, including some taken from off the coast of the Seychelles, to propagate them in a zoo so that they might be used someday to repopulate wild coral reefs if needed. Other projects, including one off Florida, have worked to rescue corals endangered by high heat and nurse them back to health before returning them to the ocean.

But scientists say it's essential to reduce greenhouse gas emissions that warm the planet, such as carbon dioxide and methane.

“The best way to protect coral reefs is to address the root cause of climate change. And that means reducing the human emissions that are mostly from burning of fossil fuels ... everything else is looking more like a Band-Aid rather than a solution,” Eakin said.

“I think people really need to recognize what they’re doing ... inaction is the kiss of death for coral reefs,” said Melanie McField, co-chair of the Caribbean Steering Committee for the Global Coral Reef Monitoring Network, a network of scientists that monitors reefs throughout the world.

The group's update comes as President Donald Trump has moved aggressively in his second term to boost fossil fuels and roll back clean energy programs, which he says is necessary for economic growth.

“We’ve got a government right now that is working very hard to destroy all of these ecosystems ... removing these protections is going to have devastating consequences,” Eakin said.