The ICC has announced a significant increase in the prize money for the Women's T20 World Cup 2024, with the winners receiving $2.34 million, a 134% rise from the $1 million awarded in 2023. This move aligns with ICC's strategy to ensure gender parity in cricket, making it the first major team sport to offer equal prize money for men's and women's World Cup events. The overall prize pool for the 2024 tournament is set at $7.96 million, a 225% increase from 2023. Runners-up will receive $1.17 million, and the losing semi-finalists will earn $675,000. The tournament was moved from Bangladesh to the UAE due to political instability and will take place from October 3 to 20.