section_path: Abstract
section_name: Abstract
paragraph_text: The Nobel Peace Prize (Swedish and Norwegian: Nobels fredspris) is one of the five Nobel Prizes established by the will of Swedish industrialist, inventor, and armaments manufacturer Alfred Nobel, along with the prizes in Chemistry, Physics, Physiology or Medicine, and Literature. Since March 1901, it has been awarded annually (with some exceptions) to people who 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." The Oxford Dictionary of Contemporary History describes it as "the most prestigious prize in the world."
  
  In accordance with Nobel's will, the recipient is selected by the Norwegian Nobel Committee, a five-member committee appointed by the Parliament of Norway. The prize award ceremony is held in Oslo City Hall since 1990, previously in the assembly hall of the University of Oslo (1947–1989), Norwegian Nobel Institute (1905–1946), and the Parliament (1901–1904).
  
  Due to its political nature, the Nobel Peace Prize has, for most of its history, been subject to numerous controversies.
  
  The 2024 prize was awarded to Nihon Hidankyo from Japan, an organisation formed by survivor groups of atomic bomb victims "for its efforts to achieve a world free of nuclear weapons and for demonstrating through witness testimony that nuclear weapons must never be used again".