“The said interest shall be divided into five equal parts, which shall be apportioned as follows: /- – -/ one part to the person who shall have done the most or the best work for fraternity between nations, the abolition or reduction of standing armies and for the holding and promotion of peace congresses.” (Excerpt from the will of Alfred Nobel)
Alfred Nobel showed a big interest in social issues and was engaged in the peace movement. His acquaintance with Bertha von Suttner, who was a driving force in the international peace movement in Europe and later awarded the Peace Prize, influenced his views on peace. Peace was the fifth and final prize area that Nobel mentioned in his will. The Nobel Peace Prize is awarded by a committee elected by the Norwegian Parliament (Stortinget).