WIPO Member States Approve 2024-25 Program of Work

July 14, 2023

WIPO’s 193 member states approved the Organization’s Program of Work and Budget for 2024/25 biennium on July 14, 2023, the last day of their annual governing bodies.

Member states approved a budget for the biennium amounting to 857.3 million Swiss francs, reflecting an 8 per cent increase compared to the 2022/23 biennium.  Income in the biennium 2024/25 is estimated at 972.6 million Swiss francs, reflecting a 2.2 per cent increase compared to the 2022/23 biennium. WIPO’s income comes primarily from fees from its global IP systems.

Over a fifth of the biennial budget – 21.4 per cent – will be dedicated to development expenditure, up from 18.9 per cent over the previous biennium.

Thanking member states for their engagement, WIPO Director General Daren Tang said: “The resulting Budget paves the way for consolidating and building on the strong progress made in reimagining WIPO’s work and through this, transforming what IP means to people, businesses and communities in every region of the world.”

The vision of building a more inclusive IP ecosystem, of bringing the benefits of IP to all, is not just this Administration's vision; it is the collective vision of the WIPO community. We work better and deliver more thanks to your support, input and collaboration – and we will continue to be open and transparent as this is the best and most effective way of working together and delivering results.

WIPO Director General Daren Tang

In a Foreword to the Program of Work and Budget, Mr. Tang said “Over the coming biennium, we intend to reinforce WIPO’s traditional areas of strength by accelerating the digital transformation and customer-centeredness of our Global IP Services. We will continue to bring together the international IP community to discuss norms, set standards and engage on issues through our Committees and Working Groups.”

He also outlined numerous other activities that will be at the heart of WIPO’s activities in the coming two years, including continuing to be a global forum on cutting-edge issues like IP and Frontier Technologies and Intangible Asset Finance as well as a stronger focus on supporting the 17 Sustainable Development Goals (SDGs).

“Together, we move forward as one, in support of a world where innovators and creators from anywhere use IP to bring their ideas alive,” Mr. Tang said.

The Program of Work and Budget was discussed extensively among member states in the lead up to the WIPO Assemblies, which met in Geneva from July 6 to 14, 2023.