The US-backed Board of Peace, led by US President Donald Trump, has unveiled a comprehensive $2.45 billion Gaza recovery plan. The plan, presented at a meeting of its members and stakeholders in New York, aims to facilitate Gaza's recovery over six months. This initiative comes as world leaders, including French President Emmanuel Macron and Turkish leader Recep Tayyip Erdogan, have been vocal about the urgent need for action to end the conflict with Israel. The Board of Peace's proposal seeks to address the devastating impact of Israeli airstrikes on the Palestinian territory.
The Gaza recovery plan involves 66 projects that cover various aspects of reconstruction and economic recovery. These projects include the provision of temporary housing, debris recovery, and the development of critical infrastructure such as public transport. Additionally, the plan envisions demilitarization in Gaza, which entails Hamas giving up its weapons, and a military pullback on the Israeli front. The proposal was presented by Nickolay Mladenov, the high representative for Gaza of the Board of Peace, who emphasized the complexity of the situation and the need for steady progress.
Despite the US-brokered ceasefire in October 2025, Israel has continued its airstrikes and restricted the entry of equipment necessary for Gaza's reconstruction. Israeli Prime Minister Benjamin Netanyahu recently stated that Israel controls 60 percent of the Gaza Strip. The ongoing conflict has resulted in significant damage, with UN figures indicating that by October 2025, Israeli strikes had left 84 percent of all structures in Gaza damaged or destroyed. The Board of Peace's plan aims to address this widespread destruction and facilitate the territory's recovery.
The damage across Gaza is estimated at $35.2 billion, with recovery efforts requiring approximately $71.4 billion. The Board of Peace's $2.45 billion plan is a crucial step towards securing the necessary funding for Gaza's reconstruction. Trump's roving envoy, Steve Witkoff, and son-in-law, Jared Kushner, were present at the gathering, underscoring the US commitment to the initiative. The plan's success, however, depends on discussions with Israel, which Mladenov acknowledged are not easy, particularly ahead of Israeli elections.
The humanitarian situation in Gaza has been a pressing concern for world leaders. French President Emmanuel Macron and Turkish leader Recep Tayyip Erdogan have called for immediate action to end the conflict with Israel. The UN General Assembly is currently underway in New York, with top officials gathered to discuss pressing global issues. The Board of Peace's plan offers a potential solution to the crisis, but its implementation will require cooperation from all parties involved.
The Board of Peace was initially designed to oversee a Gaza truce and the territory's reconstruction following the war between Hamas and Israel. Trump's chairmanship of the board underscores the US role in the initiative. The proposal's focus on demilitarization and military pullback reflects the need for a sustainable solution to the conflict. As the situation in Gaza continues to deteriorate, the international community is looking for concrete solutions to address the crisis.
The implementation of the Board of Peace's plan will depend on various factors, including cooperation from Israel and Hamas. The plan's success will also require sustained international support and funding. As the UN General Assembly continues, world leaders will be watching closely to see how the situation in Gaza unfolds and whether the Board of Peace's proposal can help bring about a lasting resolution to the conflict.
Key points
- The US-backed Board of Peace has proposed a $2.45 billion Gaza recovery plan, covering 66 projects, including temporary housing, debris recovery, and infrastructure development.
