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ICSID—International Centre for Settlement of Investment Disputes

ICSID is an arbitration forum established in 1966 to facilitate the settlement of disputes between governments and foreign investors in the hope that such a facility would help foster greater international investment flows. In 2006 ICSID had over one hundred active cases before it. ICSID is legally independent of the other, better-known parts of the World Bank Group, but in practice is tightly linked as its expenses are funded from the Bank's budget and all of its members are also members of the World Bank. Headquartered in Washington, Nassib Zaidé is the deputy secretary general of ICSID, and has also served as secretary general following Ana Palacio´s departure. read more background...

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The UK's role in the World Bank and IMF Department for International Development and HM Treasury

Briefing|Bretton Woods Project|13 March 2013|url

This page outlines the structure of the UK government's interaction with the World Bank and the IMF. It provides contact information for the appropriate staff at the Department for International Development and HM Treasury who deal with the Bretton Woods institutions read article...

Appointment of the World Bank president Open letter to all governors of the World Bank

Letter|Bretton Woods Project|15 February 2012|url

A letter to all World Bank governors calling for reforms to the selection process for a new World Bank president signed by over 50 civil society groups read article...

ICSID offers "impunity" for corporations

News|Bretton Woods Project|7 February 2012|update 79|url

In October 2011 international coalition of civil society groups Seattle to Brussels Network held an international week of action against bilateral investment treaties. read article...

Experts' concern over investment treaties

News|Bretton Woods Project|29 November 2010|update 73|url

A group of more than 35 leading academic experts in investment law have to express concerns over the social impact of investor protection priority in target countries. read article...

Undermining development? IFIs' role in extractive industries in disarray

News|Bretton Woods Project|30 September 2010|update 72|url

Ongoing mining projects’ impacts on rights, gender and the environment suggest a new approach to the sector is needed, as the IMF and World Bank dole out contradictory advice on mining revenues. read article...

IFC's mining investments: a black hole for human rights?

News|Bretton Woods Project|16 April 2010|update 70|url

A spate of human rights violations and environmental abuses by mining ventures backed by the International Finance Corporation (IFC), the private sector arm of the World Bank, is raising alarm over the inadequacy of its social and environmental standards. read article...

ICSID takes ad hoc approach to transparency

News|Bretton Woods Project|16 April 2010|update 70|url

The International Centre for Settlement of Investment Disputes, a World Bank arm for investor-state dispute arbitration, decided in March that questions of confidentiality and transparency in arbitration are to be determined on a case-by-case basis. read article...

Human rights landmark in ICSID tribunal

News|Bretton Woods Project|20 November 2009|update 68|url

For the first time ever, a tribunal of the World Bank's International Centre for Settlement of Investment Disputes (ICSID) will hear human rights arguments. read article...

The International Center for the Settlement of Investment Disputes (ICSID)

Inside the inst|Bretton Woods Project|10 July 2009|update 66|url

The International Center for the Settlement of Investment Disputes (ICSID), part of the World Bank Group, is an arbitration forum between governments and foreign investors to settle investment disputes. Two thirds of international investment disputes go through ICSID. read article...

ICSID in crisis Straight-jacket or investment protection?

News|Bretton Woods Project|10 July 2009|update 66|url

The International Center for the Settlement of Investment Disputes (ICSID) is facing an explosion of cases and increasingly vocal criticism from Latin American countries. Questions remain over whether it helps channel productive investment to developing countries or serves as a tool for multinational corporations to get their way. read article...

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