The Nobel Peace Prize is an international prize awarded to extraordinary people who have made efforts to bring peaceful change to communities throughout the world, according to the Norwegian Nobel Committee. The actual prize awarded is a medallion picturing Alfred Nobel, who laid out the guidelines for awarding the prize.
The Norwegian Nobel Committee states that the prize is awarded to whoever does the most to promote fraternity among nations, reduce standing armies and promote peace congresses. The Nobel Peace Prize is considered to be one of the most prestigious prizes in the world. Notable recipients of the Nobel Peace Prize include Theodore Roosevelt, Martin Luther King Jr., Barack Obama, Yasser Arafat and Malala Yousafzai.