The Nobel Peace Prize recognizes efforts toward fraternity between nations, abolition or reduction of standing armies, and promotion of peace congresses. The International Court of Justice (ICJ), the primary judicial organ of the United Nations since 1945, has been nominated multiple times throughout its history. The ICJ adjudicates disputes between UN member states and issues advisory opinions on legal questions referred by authorized UN organs and agencies. This market resolves based on the official announcement from the Norwegian Nobel Committee in October 2026. Currently trading at 3% YES odds, this reflects the historical rarity of international institutions winning the Nobel Peace Prize, compared to individuals, organizations, or smaller advocacy groups that more frequently receive the award. The low probability also reflects that the Nobel Committee tends to award the prize to entities addressing immediate humanitarian crises or recent peace-building efforts, whereas the ICJ's work is more institutional and ongoing. Over the past decade, the prize has typically gone to activists, human rights defenders, and conflict mediators rather than established institutions. The trajectory of these odds may shift if the ICJ gains prominence through high-profile dispute resolutions or if geopolitical events increase focus on its role in international law and stability.