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ARTICLE · 06 MARCH 2024

Surge In Cases As ICSID Releases Its 2023 Caseload Statistics

On 1 February 2024, the International Centre for Settlement of Investment Disputes (ICSID) released its caseload statistics for the 2023 calendar year, available here.

United KingdomInternational Law

On 1 February 2024, the International Centre for Settlement of Investment Disputes (ICSID) released its caseload statistics for the 2023 calendar year, available here. This blogpost examines the latest trends seen in the 2023 calendar year, as compared to previous years.

New cases registered: ISDS has rebounded

57 new cases were registered under ICSID's rules, which is an increase of 16 new cases compared to 2022. This marks a strong rebound for investor-state arbitration, after some commentators speculated that the dip in 2022 indicated the start of a steady decline in investor-state arbitrations. In addition to this rise under ICSID rules, an additional 20 cases were registered under non-ICSID rules, with the United Nations Commission on International Trade Law (UNCITRAL) administering 14 of the new cases.

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