Board of Peace Unveils $2.45 Billion Gaza Reconstruction Blueprint

The U.S.-backed Board of Peace has proposed a six-month, $2.45 billion plan to begin reconstruction and governance in Gaza, even as the ceasefire framework it is meant to support remains largely stalled.

At a meeting of the group's board, governors unveiled a 66-project blueprint covering infrastructure, education and health initiatives. The projects are designed to underpin President Donald Trump's 20-point plan to end the Israel-Hamas war.

"The need is immense," the board said, noting that repairing the physical damage across Gaza would cost about $35.2 billion over the medium term, with a further $71.4 billion required over the next decade.

The ceasefire, which took effect on Oct. 10, was intended to open the way for a broader process: additional Israeli military withdrawals, the disarmament of Hamas, the arrival of an international peacekeeping force and a new apolitical Palestinian government to handle day-to-day affairs. It also envisioned an ambitious reconstruction programme.

Those goals have yet to materialise. While the truce halted the heaviest fighting and humanitarian conditions have improved, the Israeli military has expanded its control of Gaza and now occupies roughly 60% of the territory. Hamas has not surrendered its weapons. Neither the international force nor the new government has entered Gaza, and reconstruction has not begun. Most Palestinians continue to live in tent camps or in the ruins of their former homes.

The board's high representative, Nikolay Mladenov, has said progress depends largely on Hamas disarming, a step the group has so far refused to take. He has also pressed Israel to scale back its military operation.

A central question for the board is not only how to lay out reconstruction plans but also when the international force and new government will deploy, how disarmament will proceed and how badly needed building materials will enter the territory.