Peace Monument, Peace memorial in Karlstad, Sweden.

The Peace Monument is a bronze sculpture by Ivar Johnsson showing a triumphant woman with one foot on a soldier's head and a broken sword in her hands. It stands on a pedestal whose gold inscription reads "Rest av Värmlänningar 1955" and ends with the line "Fejd föder folkhat, fred främjar folkförståelse". Two granite figures holding the Swedish and Norwegian coats of arms originally belonged to the work and since 1995 stand outside the Masonic lodge.

In 1945 the Värmland branch of Föreningen Norden wrote to Karlstad's city council proposing a monument to the peaceful dissolution of the Swedish-Norwegian union, agreed in 1905 in the city's Masonic lodge. Ivar Johnsson received the commission in 1952 and presented his proposal in March 1954. The monument was unveiled on 23 September 1955 by Gustaf VI Adolf and Norwegian Crown Prince Olav.

The bronze woman with a broken sword under her foot and a soldier's head beneath her other foot is popularly called "Kärringa med klappträt" and was voted Sweden's ugliest statue in a television programme. The granite figures holding the Swedish and Norwegian coats of arms were moved in 1995 to the Freemasons' lodge, where the union was dissolved.

The bronze sculpture stands on Stora torget, next to the Frimurarlogen building where the 1905 agreement was signed; the two granite figures holding the Swedish and Norwegian coats of arms have stood outside that building since 1995. The square is open and level, so the monument can be viewed at any time of day.

The sculpture integrates geometric forms and human figures to represent the connection between different nations working toward mutual understanding.