The announcement was made by the French Film Academy on Friday in a statement posted on its official website, according to The Hollywood Reporter.
Blanchett will receive the César d’Honneur, an award for his entire career, in Paris on February 25, 2022, as part of the 47th César ceremony, the French equivalent of the Oscars.
In the statement, the French Film Academy congratulated the 52-year-old Australian actress on her “absolutely remarkable career and personality.”
Blanchett began his film career in 1997 with the Australian war film “Paradise”, but gained worldwide fame with the 1998 period film by filmmaker Shekhar Kapur “Elizabeth”.
The actress won her first Oscar for “The Aviator” by Martin Scorsese, in which she played the role of late cinema icon Katharine Hepburn.
She won her second Oscar trophy for Woody Allen’s 2013 feature film “Blue Jasmine”.
Blanchett is currently starring in filmmaker Adam McKay’s ensemble piece, “Don’t Look Up,” which will debut on Netflix on December 24.
She will then be seen in Guillermo del Toro’s “Nightmare Alley”, alongside Bradley Cooper, Toni Collette, Willem Dafoe, Richard Jenkins and Rooney Mara.