The International Children’s Peace Prize is awarded annually to a child who has made a significant contribution to advocating children's rights and improving the situation of vulnerable children such as orphans, child labourers and children with HIV/AIDS.The prize is an initiative of the KidsRights Foundation, an international children's aid and advocacy organisation based in Amsterdam, the Netherlands. KidsRights should not be confused with the group which grants the Nobel Peace Prize.The first Children's Peace Prize was launched in November 2005 during the World Summit of Nobel Peace Laureates in Rome, an annual meeting of Nobel Peace Prize winners and international organisations such as UNICEF and Amnesty International. "We welcome the launch of Children’s Peace Prize during our summit," the summit's closing statement said.