The Kagyu Monlam is a major international prayer festival held annually in Bodhgaya, India, one of the most sacred sites for Buddhists worldwide. Thousands of people gather together in order to listen to Buddhist teachings and to pray for peace and harmony on earth and the well-being and happiness of all the world. His Holiness the 17th Karmapa, Ogyen Trinley Dorje, head of the Karma Kagyu school of Tibetan Buddhism, presides over the festival.