A Colombian flag and a white flag hang from a building in downtown Bogota, Colombia, Friday, Oct. 7, 2016. Colombian President Juan Manuel Santos won the Nobel Peace Prize Friday, just days after voters narrowly rejected a peace deal he signed with rebels of the Revolutionary Armed Forces of Colombia, FARC. Fernando Vergara AP
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The decision is a reminder of the award given to Obama in 2009, less than a year into his first term in office, for “his extraordinary efforts to strengthen international diplomacy and cooperation between peoples.” That award was largely criticized as premature even by some Obama supporters, who said he should decline the award for not having the time to do what he had set to accomplish.

The Norwegian Nobel Committee is no stranger to this kind of controversy. In 1973 U.S. Secretary of State Henry Kissinger was honored for his efforts to achieve a cease-fire in the Vietnam War, which dragged on for three more years. Two members resigned from the committee in protest.

The Nobel Committee's decision is more important now than it would've been had "Yes" won the plebiscite.

Adam Isacson, Washington Office on Latin America

The committee again sought to influence peace in 1994 when it honored Palestinian leader Yasser Arafat, who depending on your perspective was a freedom fighter or terrorist, along with Israel’s Yitzhak Rabin and Shimon Peres as they sought peace in the Middle East. The accords collapsed.

The committee acknowledged that the failed referendum “created great uncertainty” about Colombia’s future. But it emphasized that the vote against the agreement was not a vote against peace, but a specific agreement.

“There is a real danger that the peace process will come to a halt and that civil war will flare up again,” the award said. “This makes it even more important that the parties, headed by President Santos and FARC guerrilla leader Rodrigo Londoño, continue to respect the cease-fire.”