Board of Peace Outlines 66 Projects Under 2.45 Billion Dollar Gaza Recovery Program

NewsDesk
5 Min Read
Donald Trump and JD Vance at a Board of Peace meeting in February 2026. This is an earlier meeting, not the September 2026 New York briefing. | Wikimedia Commons

The Board of Peace chaired by President Donald Trump presented the initiative at a meeting of members and stakeholders in New York on the sidelines of the United Nations General Assembly, multiple outlets including the BBC reported. The proposal resulted from a year of collaboration between officials from the 28-country Board of Peace and the Palestinian technocratic government, according to an Axios report that reviewed the document. It divides the projects into six categories encompassing infrastructure development, human development, economic acceleration, digital transformation, legal affairs and peace and security. The plan calls for the deployment of a multinational security force alongside immediate humanitarian measures as preconditions for broader rebuilding efforts.

Infrastructure accounts for the largest portion at roughly 1 billion dollars with 400 million dollars directed toward temporary shelters to replace tents, 275 million dollars for rubble and unexploded ordnance clearance and 50 million dollars for hospital rehabilitation, the plan obtained by Axios detailed. An additional 30 million dollars would repair Gaza’s damaged road network while further allocations support border crossing repairs, electricity and water restoration as well as 25,000 portable solar power kits, according to the same document. Security-related efforts total approximately 885 million dollars including 275 million dollars for a permanent facility in Rafah to support 5,000 personnel from the International Stabilization Force, the proposal indicated.

A joint Rapid Damage and Needs Assessment conducted by the World Bank, United Nations and European Union estimated physical damage in Gaza at 35.2 billion dollars with full recovery and reconstruction requiring about 71.4 billion dollars over the next decade, the Board of Peace plan cited. The assessment found that over 371,888 housing units have been destroyed or damaged, more than 50 percent of hospitals are non-functional and the economy contracted by 84 percent. The Board of Peace has received pledges of up to 18 billion dollars from donations and private equity but only 280 million dollars has been disbursed to date, the BBC reported.

Jared Kushner, a Gaza Executive Board member and son-in-law of President Trump, conceded the project faced different delays for different reasons but told the meeting that the goal was to demonstrate full commitment to the effort, according to the BBC. Former UK Prime Minister Tony Blair, who serves on the executive board, stated that what follows is not a wish list and that each program has been assessed, costed and sequenced while asking partners for political support, obstacle removal and pooled resources behind a single plan, the New York Post reported. Steve Witkoff, Trump’s envoy, said the group had made real progress over the past year and that more than 24 countries were ready to contribute resources and personnel, a Ynet News dispatch noted.

The plan also incorporates elements for Hamas disarmament including tunnel clearance and a weapons buy-back program alongside training for a new Gaza police force, according to Times of Israel coverage of the announcement. Discussions with Israeli officials remain challenging ahead of national elections that could produce a caretaker government and political stalemate, the Axios report warned. Nickolay Mladenov, the board’s high representative for Gaza, urged backing for the plan and acknowledged that progress continues despite the political sensitivities involved, Dawn newspaper reported.

The National Committee for the Administration of Gaza will oversee on-the-ground implementation under Board of Peace supervision with a focus on preparing the territory for winter conditions, the Times of Israel stated. More than 25 countries and 75 organizations are expected to participate through donations and contributions, the New York Post reported. A UN report on implementation of Security Council Resolution 2803 from 2025 highlighted that the Board of Peace has received 17 billion dollars in reconstruction pledges and stressed the need to close the gap between commitments and actual disbursements.

Share This Article
Continental Bulletin NewsDesk is the desk responsible for Continental Bulletin's daily news coverage, monitoring and reporting developments across the Gulf from official sources, including national news agencies and government communications. Its focus is accurate, timely and factual coverage of the region.