section_path: Organizations and prizes/Nobel Peace Prize
section_name: Nobel Peace Prize
paragraph_text: Nobel Peace Prize
  
  Since 1901, the Nobel Peace Prize has been the world's most prestigious honor given to individuals or organizations who have made significant contributions to peace. The prize is awarded by the Norwegian Nobel Committee, a group of five individuals chosen by the Norwegian parliament. Nominees for the prize come from around the world, and are often those who have worked to end conflict, protect human rights, or promote humanitarian efforts. It is awarded annually to internationally notable persons following the prize's creation in the will of Alfred Nobel. According to Nobel's will, the Peace Prize shall be awarded to the person who "...shall have done the most or the best work for fraternity between nations, for the abolition or reduction of standing armies, and for the holding and promotion of peace congresses."