ICSID Annual Reports & Financial Statements

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Annual Reports of the International Centre for Settlement of Investment Disputes, an institution of the World Bank Group. ICSID provides international facilities for conciliation and arbitration of investment disputes.

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  • Publication
    2019 ICSID Annual Report: Excellence in Investment Dispute Resolution
    (Washington, DC: ICSID, 2019-10-18) International Centre for Settlement of Investment Disputes
    ICSID is an international facility available to States and foreign investors for the resolution of investment disputes. Established in 1966 by the Convention on the Settlement of Investment Disputes between States and Nationals of Other States (the ICSID Convention), it is the only global institution dedicated to international investment dispute settlement. Through its specialized rules of procedure, world-class facilities, and expert legal and administrative support, ICSID provides unparalleled dispute resolution services to States and investors. Since the first case was registered with ICSID in 1972, the majority of all known international investment disputes have been administered by ICSID.
  • Publication
    ICSID 2018 Annual Report
    (Washington, DC, 2018-10) International Centre for Settlement of Investment Disputes
    Over more than five decades, ICSID has firmly established itself as the facility of choice for investor-State dispute settlement, having administered more than 70% of all known cases. Demand for the Centre’s services continues to increase, demonstrating the importance of its role. In FY2018 ICSID registered 57 new cases, the highest number in ICSID’s history. A full analysis of the cases is published in the ICSID Caseload — Statistics every six months and is summarized in Chapter 3 of this report.
  • Publication
    ICSID 2017 Annual Report
    (Washington, DC, 2017-10) International Centre for Settlement of Investment Disputes
    Today, ICSID is the acknowledged world leader in investor-State dispute settlement. It has administered more than 70% of all known international investment proceedings. Over the past year alone, ICSID administered 258 cases, the most in any single year of its history. These cases are administered in every region of the world, and are decided by a diverse international group of specialist arbitrators, conciliators and ad hoc committee members. ICSID’s case administration is complemented by its leading role in training parties about international investment dispute settlement and in publishing cutting-edge legal scholarship on developments in the field. This systemic perspective enhances ICSID’s ability not only to provide the most effective administrative service, but also to envision and implement continuous improvement of investment dispute settlement.
  • Publication
    ICSID 2016 Annual Report
    (World Bank Group, Washington, DC, 2016-10-07) International Centre for Settlement of Investment Disputes
    The ICSID Convention entered into force on October 14, 1966, making this year the 50th anniversary of the Convention and of the ICSID system of dispute settlement created by Member States under the Convention. As can be seen from the summary of highlights in the following section and the detailed overview of operations in Chapter 3, ICSID’s core function remains the provision of impartial, cost-effective and high quality dispute settlement services. In fiscal year 2016, the Centre fulfilled this function by registering 45 cases, administering a new record of 247 cases, constituting more than 70 tribunals, holding nearly 150 hearings in numerous locations, and concluding 51 cases.
  • Publication
    ICSID 2015 Annual Report
    (World Bank Group, Washington, DC, 2015-10-09) International Centre for Settlement of Investment Disputes
    2015 marked the ICSID Convention’s 50th anniversary and has been an opportunity to review and celebrate the accomplishments of ICSID’s first 50 years. Today ICSID is the premier international investment arbitration facility in the world, with the ICSID Convention ratified by 151 members and signed by a further eight States. The Centre’s activities in fiscal year 2015 are presented in detail in this report.
  • Publication
    ICSID 2014 Annual Report
    (World Bank Group, Washington, DC, 2014-09) International Centre for Settlement of Investment Disputes
    The Centre s activities in fiscal year 2014 are presented in detail in this report. They demonstrate why the Centre is still considered the lead international institution in this field. ICSID benefits from a broad and diverse membership, representing States from all legal traditions. In the past year ICSID welcomed Canada as the 150th Member State, and the Republic of San Marino as the 159th signatory State to the ICSID Convention. Similarly, ICSID has encouraged the development of a larger and more diverse group of case decision-makers, who reflect the diversity of ICSID s membership. It has adopted practices to propose arbitrators and conciliators from all States and of both genders, and has made progress in reaching this objective. Likewise, Member States have contributed to this objective by designating 82 new persons to the Panels of Arbitrators and of Conciliators in the past year.
  • Publication
    ICSID 2013 Annual Report
    (Washington, DC, 2013) International Centre for Settlement of Investment Disputes
    International investment law and international investment arbitration are relatively new disciplines: the first bilateral investment treaty was signed by Pakistan and Germany in 1959, the first investment treaty offering investor-state arbitration was concluded in 1968 between the Netherlands and Indonesia, the first International Center for Settlement of Investment Dispute (ICSID) case was registered in 1972, and the first treaty-based investment case was registered by the Centre in 1987. The Centre itself was established in 1966, along with the coming into force of the ICSID convention. It was the first dispute resolution facility designed exclusively for international investment dispute settlement, and it continues to be the only international facility dedicated to this area. This specialized mandate has allowed ICSID to develop an unparalleled expertise and focus, which benefits disputing parties, arbitrators and contracting states. Cumulatively, ICSID has administered over 430 cases, involving foreign investors from all regions of the world and more than 95 states and state agencies under the ICSID convention and rules. In addition, it has administered over 40 investment arbitration cases initiated under the United Nations Commission on International Trade Law (UNCITRAL) arbitration rules and other arbitral rules. The end-of-fiscal year results confirm that ICSID remains the leader in international investment dispute resolution. This report is organized as follows: chapter one gives introduction; chapter two gives list of contracting states and other signatories of the convention; chapter three presents panels of arbitrators and of conciliators; chapter four gives operations of the Centre; chapter five presents outreach of ICSID; chapter six deals with forty-sixth annual meeting of the administrative council; and chapter seven presents financial statements of ICSID.
  • Publication
    ICSID 2012 Annual Report
    (Washington, DC, 2012-09) International Centre for Settlement of Investment Disputes
    The recent growth in investor-state arbitration has continued apace. International Center for Settlement of Investment Dispute (ICSID) registered a record 38 cases in 2011, and had registered 19 further cases by June 30, 2012. Included in these numbers are 3 new conciliation cases, showing an increased resort not simply to arbitration but also to alternative methods of dispute resolution available under the ICSID convention and additional facility. Such statistics should not be considered in isolation from their broader economic context. There have been unprecedented increases in global flows of foreign direct investment in the last two decades. These statistics must also be read in light of the fact that international investment law and investor-state dispute settlement are a new discipline. ICSID continues to play a vital role in the evolving international investment legal system. Its primary job is very specific: to offer foreign investors and host States an impartial, effective and accessible facility for arbitration and conciliation of international investment disputes. ICSID has taken numerous steps in the past year to enhance its capacity to fulfill this role. In September of 2011, ICSID announced a new list of Chairman's appointees to the panel of arbitrators and panel of conciliators. ICSID will continue its efforts to provide excellent service to disputing parties in the upcoming year.