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

Investment Rating - The report does not explicitly provide an investment rating for the industry Core Insights - The International Centre for Settlement of Investment Disputes (ICSID) has administered over 900 cases, representing more than 70% of all known international investment cases, indicating its significant role in investment dispute resolution [5] - In FY2024, ICSID registered 58 new cases under the ICSID Convention and Additional Facility, with a total of 991 cases registered since its inception in 1972, reflecting a robust demand for its services [6][31] - The report highlights a record 49 nationalities represented among arbitrators appointed in FY2024, with 29% of appointments involving women, showcasing progress in diversity [31][48] Summary by Sections Introduction - The ICSID is the only global institution dedicated to international investment dispute settlement, established in 1966 [2] Annual Report Overview - The report covers the fiscal year from July 1, 2023, to June 30, 2024, detailing the operations and financial statements of ICSID [4] Caseload Trends - In FY2024, ICSID administered 341 cases, the second-largest number in its history, with 34% of its total caseload being managed during this fiscal year [31][32] - The majority of new cases involved the oil, gas, and mining sectors (28%), followed by electric power and other energy sources (17%) [43][44] Diversity and Appointments - The report notes that 32% of appointments involved nationals from low- or middle-income economies, and 23% of first-time appointees were women [47][48] - A total of 197 appointments were made to ICSID tribunals and ad hoc committees in FY2024, with 71% made by parties or party-appointed arbitrators [45][46] Geographic Distribution - The largest share of cases registered in FY2024 involved States in Eastern Europe and Central Asia (24%), followed by South America (19%) and North America (16%) [40][41] Economic Sectors - The extractive and energy sectors continued to dominate the caseload, with significant representation from transportation and construction sectors [43][44] Conclusion - ICSID's growth in membership and case administration reflects its importance in the global investment landscape, with ongoing efforts to modernize procedures and enhance service delivery [26][31]