cover image: International Centre for Settlement of Investment Disputes (ICSID) 2024 Annual Report

International Centre for Settlement of Investment Disputes (ICSID) 2024 Annual Report

5 Nov 2024

The International Centre for Settlement of Investment Disputes (ICSID) has evolved significantly over the past fifteen years. Demand for ICSID’s services has grown in concert with an increase in foreign investment and an expanding network of international investment agreements. By leveraging new technologies and modernizing procedural rules, ICSID has ensured world-class quality and efficiency in its case administration services. The sustained growth in membership has been a testament to the value States place in ICSID as the only global institution dedicated to international investment dispute settlement. The 2024 fiscal year (FY2024) saw strong demand for ICSID’s services, with the second-highest number of registered and administered cases in ICSID’s history. Also notable over the fiscal year was the sustained progress in enhancing the diversity of arbitrators, conciliators, and ad hoc committee members appointed to ICSID cases. This includes: a record 49 nationalities were represented amongst the appointments made in FY2024; 29 percent of all appointments involved women; 50 percent percent of first-time appointees involved nationals of low- or middle-income economies. Additional highlights in FY2024 include a record number of concluded proceedings, as ICSID continues to work with tribunals and parties to reduce the time of cases. Also, for the first time, a Regional Economic Integration Organization - the European Union was a party to an ICSID proceeding.
governance::international governmental organizations law and development::international law governance::governance and the financial sector sdg 17 partnership for the goals law and development::settlement of investment disputes law and development::arbitration law and development::contract law law and development::trade law law and development::corporate law

Authors

International Centre for Settlement of Investment Disputes

Citation
“ International Centre for Settlement of Investment Disputes . 2024 . International Centre for Settlement of Investment Disputes (ICSID) 2024 Annual Report . © Washington, DC: World Bank . http://hdl.handle.net/10986/42362 License: CC BY-NC 3.0 IGO . ”
Collection(s)
ICSID Annual Reports & Financial Statements French PDFs Available Spanish PDFs Available
DOI
https://doi.org/10.1596/42362
Identifier externaldocumentum
34417589
Identifier internaldocumentum
34417589
Pages
37
Published in
United States of America
Report
194507
Rights
CC BY-NC 3.0 IGO
Rights Holder
World Bank
Rights URI
https://creativecommons.org/licenses/by-nc/3.0/igo
UNIT
Intl Ctr for Stlmt Inv Disputes (ICSID)
URI
https://hdl.handle.net/10986/42362
date disclosure
2024-11-05
region geographical
World

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