Here's a breakdown of the award:
* Purpose: To recognize and celebrate individuals or organizations who have made significant contributions to advancing peace and understanding in the world.
* Criteria: The award is given to those who have worked towards "fraternity between nations", disarmament, and the promotion of peace conferences.
* Selection Process:
* Nominations are submitted by eligible individuals and organizations, including members of the Norwegian Nobel Committee, past Nobel Peace Prize laureates, members of national parliaments and governments, university professors of certain subjects, and members of certain international organizations.
* The Norwegian Nobel Committee, a five-member committee appointed by the Norwegian Parliament, reviews the nominations and selects the winner.
* Award Ceremony: The prize is awarded on December 10th each year, the anniversary of Alfred Nobel's death, in Oslo, Norway.
* Prize: The prize includes a diploma, a gold medal, and a monetary award. The amount of the monetary award varies each year.
Significance: The Nobel Peace Prize is considered one of the most prestigious and important awards in the world, as it acknowledges the work of individuals and organizations who have made a positive impact on global peace. It has been awarded to a wide range of individuals and groups, including human rights activists, peace negotiators, humanitarian organizations, and even governments.
Notable Winners: Some notable Nobel Peace Prize winners include:
* Nelson Mandela: for his work for the peaceful termination of the apartheid regime in South Africa.
* Mother Teresa: for her work for the poor and dying.
* Malala Yousafzai: for her struggle against the suppression of children and young people and for the right of all children to education.
* Barack Obama: for his extraordinary efforts to strengthen international diplomacy and cooperation between peoples.
* The European Union: for its contributions to the advancement of peace, democracy and human rights in Europe.
The Nobel Peace Prize continues to be a symbol of hope and recognition for those who work tirelessly to build a more peaceful world.