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(NewsNation Now) — Joe Biden and Kamala Harris are Time magazine’s 2020 Person of the Year.

The news magazine revealed its selection Thursday evening for the title that signifies “who affected the news or our lives the most, for better or worse.”

Teenage climate activist Greta Thunberg last year became the youngest individual winner of the accolade. The 16-year-old Swede inspired young people to take action in 2019 against climate change, grabbing headlines when she regularly skipped school to demonstrate outside Swedish parliament in a push for her government to curb carbon emissions.

The Person of the Year is usually an individual, but multiple people who greatly affected the nation and the world have been named. Time started the honor in 1927.

Reuters contributed to this report