The International Cricket Council (ICC) on Thursday made a historic announcement wherein it announced equal prize money for men’s and women’s teams at ICC events.

This historic announcement was made during the ICC Annual Conference that was held in Durban, South Africa. Moreover, it also marks a significant feat in ICC's history to create equal pay for by 2030.

"This is a significant moment in the history of our sport and I am delighted that men’s and women’s cricketers competing at ICC global events will now be rewarded equally," ICC Chairman Greg Barclay was quoted on the ICC website.

“Since 2017 we have increased prize money at women’s events every year with a clear focus on reaching equal prize money and from here on in, winning the ICC Women’s Cricket World Cup will carry the same prize money as winning the ICC Men’s Cricket World Cup and the same for T20 World Cups and U19s too.

“Cricket is genuinely a sport for all and this decision from the ICC Board reinforces that and enables us to celebrate and value every single player’s contribution to the game equally.”