In 2020–21, the ICGTMP Standing Committee created a new prize to replace the Wigner Medal, called the Weyl–Wigner Award. The purpose of the Weyl–Wigner Award is "to recognize outstanding contributions to the understanding of physics through group theory, continuing the tradition of The Wigner Medal that was awarded at the International Colloquium on Group Theoretical Methods in Physics from 1978 to 2018." The recipients of this prize are chosen by an international selection committee elected by the Standing Committee.