ICSID Overview - ICSID is the only global institution dedicated to international investment dispute settlement, established in 1966 under the ICSID Convention [2] - ICSID has administered over 900 cases in its 59-year history, representing more than 70% of all known international investment cases [6] - The organization has hearing centers in Washington, D C, and Paris, and access to World Bank offices in over 130 countries [6] ICSID Operations and Trends - In FY2024, ICSID registered 58 new cases under the ICSID Convention and Additional Facility, with 53 being ICSID Convention arbitrations [39][40] - ICSID administered 341 cases in FY2024, the second-highest number in its history, representing 34% of its total caseload of 991 cases [35][36] - The majority of cases in FY2024 were based on bilateral investment treaties (53%) and the Energy Charter Treaty (14%) [44][46] Diversity and Appointments - A record 49 nationalities were represented among arbitrator appointments in FY2024, with 29% of appointments involving women [35][62] - 50% of first-time appointees in FY2024 were nationals of low- or middle-income economies [35][60] - Women accounted for 43% of Member State designations to the Panels of Arbitrators and Conciliators in FY2024, up from 27% in FY2023 [90] Financial Performance - ICSID's administrative expenditures in FY2024 were covered by fee income and support from the International Bank for Reconstruction and Development (IBRD) [121] - The organization's net assets increased to $10,828,078 in FY2024, up from $9,307,888 in FY2023 [126] - Revenues from arbitration and conciliation proceedings totaled $63,829,013 in FY2024, with $45,665,363 drawn from advances by parties [166][168] Membership and Governance - As of June 30, 2024, 166 States had signed the ICSID Convention, with 158 becoming Contracting States [80] - Equatorial Guinea became the latest State to sign the ICSID Convention on June 13, 2024 [81] - The ICSID Administrative Council, composed of representatives from each Contracting State, approved the 2023 Annual Report and FY2024 budget at its 57th Annual Meeting [120]
国际投资争端解决中心(ICSID)2024年年度报告(英)
Shi Jie Yin Hang·2024-11-18 06:20