A new award was introduced today here at the IPY 2012 conference in Montréal, Canada. The new price is for 1 million Canadian Dollars. The price is the Arctic Inspiration prize.

It will be rewarded annually to a group or individual who makes an extraordinary contribution of gathering Arctic knowledge and their plans to implement this knowledge, for the benefit of the Canadian Arctic, its peoples and therefore Canada as a whole.

The award will be given to teams working in the Canadan Arctic, but the teams can be from anywhere in the world. The first prose will be rewarded in December this year.