The Nobel Peace Prize is one of the five Nobel Prizes created by the Swedish industrialist, inventor,it has been awarded annually for the holding and promotion of peace congresses"
Per Alfred Nobel's will, the recipient is selected by the Norwegian Nobel Committee, a 5-member committee appointed by the Parliament of Norway. Since 1990, the prize is awarded on 10 December in Oslo City Hall each year. The prize was formerly awarded in the Atrium of the University of Oslo Faculty of Law (1947–89), the Norwegian Nobel Institute (1905–46), and the Parliament (1901–04).