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    The United Nations Compensation Commission (UNCC) is located in Villa La Pelouse within United Nations Office in Geneva, Switzerland. It was created in 1991 as a subsidiary organ of the United Nations Security Council under Security Council resolution 687 (1991) to process claims and pay compensation for losses and damage suffered as a direct result of Iraq’s unlawful invasion and occupation of Kuwait in 1990-91.

     About 2.7 million claims, with an asserted value of $352.5 billion, were filed with the Commission. The Commission concluded claims-processing in 2005, and the total compensation awarded was $52.4 billion to approximately 1.5 million successful claimants. Nineteen Panels of Commissioners reviewed and evaluated the claims submitted by governments, international organisations, companies and individuals. The panels reported their recommendations to the Governing Council for approval.

     As of 24 July 2014, the Commission had paid out about $46.7 billion in compensation awards to successful claimants. There remains only one claim that has not been paid in full, with a balance of about $5.7 billion outstanding. This claim was for production and sales losses as a result of damages to Kuwait’s oil-field assets and represents the largest award by the Commission’s Governing Council.

Governing Council Presidency

Ambassador Peter Woolcott, Permanent Representative of the Australia Mission and President of the UNCC Governing Council    The Governing Council is the policy-making organ of the UNCC. As a subsidiary organ of the Security Council, the Governing Council comprises the 15 Security Council members. It elects its own president and two vice-presidents, each for two-year terms. Thus far, non-permanent members of the Council have always held these positions. The current President is Australia, with Jordan and the Republic of Korea holding the two vice-presidencies. Ambassador Peter Woolcott is the sitting President of the UNCC Governing Council. Read Ambassador Woolcott's biography here.