nobel peace prize

NOBEL PEACE PRIZE

The Nobel Peace Prize is an award presented to either an individual or
an organization in accordance with Alfred Nobel’s living will. Alfred
Nobel, creator of the five Nobel Prizes, was a Swedish inventor and
industrialist. He disposed the Nobel Peace Prize in his will to be awarded
to “the person who shall have done the most or the best work for
fraternity between the nations, for the abolition or reduction of standing
armies and for the holding and promotion of peace congresses." The
Nobel Peace Prize differs from the Nobel Prizes in literature, physics,
chemistry, and medicine or physiology in that it may be presented not
only to individuals, but also to organizations that are actively engaged in
a process or effort that intends to promote world peace. The prize can be
awarded for current efforts, rather than for having accomplished a goal or
resolved an issue.