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NEWS
The member states of the International Centre for Settlement of Investment Disputes (ICSID) have elected Gabriela Álvarez Ávila as Deputy Secretary-General. The ICSID Administrative Council confirmed her appointment in a resolution adopted on 2 February 2026, following her nomination by the Chair of the Council and the President of the World Bank Group, Ajay Banga, after an international recruitment process. Her term as Deputy Secretary-General will begin on 6 April 2026.
NEWS
The International Centre for Settlement of Investment Disputes (ICSID) has published its 2024 annual report, providing a look into ICSID's caseload. A total of 341 ICSID cases were administered in the 2024 fiscal year, being the second-highest number of cases handled by ICSID in a single year. Other key highlights include a record 49 nationalities being represented among appointments, 88 cases being concluded and the Republic of Equatorial Guinea becoming the latest state to sign the ICSID Convention, bringing the total to 166 signatory states. The report also highlighted ICSID's extensive outreach and training activities.
NEWS
The International Centre for Settlement of Investment Disputes (ICSID) has published its 2024 caseload statistics, revealing significant trends in international investment arbitration. The year saw the registration of 55 new arbitrations, including the milestone 1000th case under the ICSID Convention and Additional Facility Rules. Bilateral investment treaties remained the primary basis for jurisdiction, accounting for 52% of new cases. Of the concluded arbitrations, 78% were decided by tribunals, with 53% of awards upholding investors' claims in part or full. The report also highlighted progress in gender diversity, with women comprising 25% of all appointments to ICSID cases in 2024, and 43% of appointments made directly by ICSID. These figures underscore ICSID's continued prominence in resolving international investment disputes and its efforts to promote diversity in arbitral appointments.
NEWS
The International Centre for Settlement of Investment Disputes (ICSID) has published its 2025 Annual Report, presenting for the first time statistics on the application of the 2022 ICSID Rules and Regulations during fiscal year 2025. The report shows that 7% of new cases registered included third-party funding disclosures, tribunals issued security for costs decisions in 4 cases with one case discontinued for non-compliance, and 3 manifest lack of legal merit decisions were issued within the 60-day deadline. The 2022 Rules include provisions aimed at enhancing transparency and procedural fairness, with the report also publishing data on damages claimed and awarded in arbitration cases and geographic origin of investors in new cases. ICSID recorded 109 registered proceedings, representing the highest number during a single fiscal year, alongside 347 administered cases and 81 concluded cases. The ICSID Administrative Council approved the report at its 59th Annual Meeting in Washington, D.C., on 17 October 2025.
NEWS
The International Centre for Settlement of Investment Disputes (ICSID) has published its 2025 caseload statistics, reporting that as of 31 December 2025 it had registered 1,085 arbitration and conciliation cases under the ICSID Convention and Additional Facility Rules since 1972. The latest edition of the 'ICSID Caseload – Statistics' records 63 new cases in 2025, the second-highest number registered in a calendar year. ICSID states that most new cases (58%) invoked its jurisdiction through bilateral investment treaties, followed by state-investor contracts (15%) and domestic investment laws (6%). Of the new cases, 56 are ICSID Convention arbitrations, six are Additional Facility arbitrations and one is a conciliation. Regionally, Sub-Saharan Africa accounted for the largest share of new cases in 2025 (24%), followed by South America (20%) and Eastern Europe and Central Asia (19%). By sector, mining represented 24% of new cases, oil and gas 21% and construction 16%. Of arbitrations concluded in 2025, 67% were decided by tribunals and 33% were settled or otherwise discontinued. Among cases decided by tribunals, 53% upheld investors’ claims in part or in full, while 31% rejected all claims on the merits; 11% declined jurisdiction and 5% were dismissed for manifest lack of legal merit. 60% of tribunal-decided cases resulted in no damages being awarded to investors. Women accounted for 30% of the 240 appointments made to ICSID cases in 2025.
NEWS
The International Centre for Settlement of Investment Disputes (ICSID) has published its 2023 caseload statistics exploring case-related trends in 2023 and showcasing data on all ICSID cases from 1972. ICSID noted that 57 cases were registered in 2023 under its updated rules, which marked the third highest number of cases registered in one year. The caseload statistics includes the basis of consent, regional distribution, economic sectors, case outcomes and gender balance.
NEWS
The International Centre for Settlement of Investment Disputes (ICSID) has published its first comprehensive study on contract-based ICSID arbitration, together with a special edition of its caseload statistics and revised Model Clauses for Contracts. The study analyses 175 contract-based cases registered under the ICSID Convention and Additional Facility, including 29 pending and 146 concluded cases as at 31 December 2025, and finds that contract-based proceedings account for 16% of ICSID’s caseload, are concentrated in Africa and South America and the oil, gas and mining sectors, are less likely than treaty-based cases to fail on jurisdictional grounds, are more frequently settled or discontinued, are resolved more quickly on average, have higher claimant success rates on liability and damages, and show a 92% voluntary compliance or settlement rate where outcomes are known. ICSID also updated its Model Clauses for Contracts for the first time since 1993, providing standard drafting language for arbitration, conciliation, mediation and fact-finding proceedings, including provisions on consent, jurisdiction, applicable law and other procedural matters that parties may adapt for investment contracts.
NEWS
The International Centre for Settlement of Investment Disputes (ICSID) has published a paper on compliance with and enforcement of ICSID awards, in response to stakeholders' interest in understanding what happens after an award has been rendered conclusion of post-award proceedings.
NEWS
The International Centre for Settlement of Investment Disputes (ICSID) has published its report on the compliance and enforcement of ICSID awards with pecuniary obligations. The ICSID collected information from 231 awards and found that the majority of awards imposed are satisfied, either through compliance, settlement or enforcement.
NEWS
The International Centre for Settlement of Investment Disputes (ICSID) has published an updated note examining the potential inter se modification of the ICSID Convention to permit appeals of ICSID awards to an external permanent appellate tribunal. The update builds on ICSID's April 2025 note, following revisions to the Draft Statute that would govern the appellate tribunal being developed by UNCITRAL Working Group III. The note suggests implementing the modification through a dedicated treaty, rather than the Draft Statute and sets out draft Protocol language to modify Articles 44, 52 and 53 of the ICSID Convention, as well as to introduce a new Article 52 bis. This would establish mutually exclusive annulment and appeal remedies, depending on whether the disputing parties consent to the appellate tribunal's jurisdiction. ICSID does not take a position on the legal permissibility or advisability of such a modification, noting that States would need to assess its compatibility with the ICSID Convention's object and purpose.
NEWS
The International Centre for Settlement of Investment Disputes (ICSID) has published an updated report with an assessment of its annulment remedy. The report is the third edition of the ICSID's 'Background Paper on Annulment' and contains key findings, surveys the drafting history of the ICSID's provisions on annulment, describes how the annulment process works and highlights trends in annulment proceedings. ICSID reports that as of 31 December 2023, out of 885 ICSID Convention cases, a total of 194 annulment proceedings have been instituted.
NEWS
Arbitration analysis: The International Centre for Settlement of Investment Disputes (ICSID) published a tribunal’s award rejecting US investors’ claims against the Republic of Colombia for expropriating land they purchased that Colombia alleged was previously tied to narcotics trafficking, finding it lacks jurisdiction because the challenged conduct falls under an ‘essential security’ exception in a trade agreement.