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Nobel Peace Prize winner to be announced in Oslo: Live updates

Greta Thunberg speaks at a climate rally.
Greta Thunberg speaks at a climate rally. Sarah Silbiger/Getty Images

Greta Thunberg, the 16-year-old environmental activist who has pushed the climate crisis into the global spotlight, is the bookmakers' frontrunner to win this year's award.

If she does, she will make history by becoming its youngest-ever recipient -- a year younger than Malala Yousafzai was when she shared the award in 2014.

She is the bookies' favorite to scoop the prize, with London-based betting company Coral putting the odds on her winning at 1/2.

Another British bookmaker, William Hill, which put Thunberg at odds of 8/13, said Wednesday that 96% of Nobel Peace Prize bets had been placed on Thunberg.

William Hill spokesman Rupert Adams said punters were "convinced" Thunberg will win.

But the Swedish teenager faces competition from world leaders.

According to London-based online betting company Betfair, Abiy Ahmed, the Ethiopian Prime Minister who brought an end to his country's conflict with Eritrea, is the second most likely candidate to win.

William Hill predicts that other contenders include Raoni Metuktire, the indigenous Brazilian leader and environmentalist who led a campaign to protect the Amazon, and Jacinda Ardern, the Prime Minister of New Zealand.

Among the 78 organizations, both Betfair and William Hill show Reporters Without Borders, which advocates for press freedom, and the United Nations Human Rights Council as outside bets.