Story perspectives

Board: 85% Gaza Destroyed, $70B Needed, Funds Stalled

5/20/2026

Summary

Story summary

The Board of Peace warned that 85% of Gaza’s buildings are destroyed and 70 million tonnes of rubble must be cleared, and said pledged reconstruction funds remain largely undistributed despite an estimated cost of US$70 billion, far above the US$17 billion pledged.
The board says disbursement of contributions pledged by the United States, Saudi Arabia, United Arab Emirates and Qatar must be accelerated, although some countries hesitate over transparency and prefer the UN.

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Story summary

The Board of Peace warned that 85% of Gaza’s buildings are destroyed and 70 million tonnes of rubble must be cleared, and said pledged reconstruction funds remain largely undistributed despite an estimated cost of US$70 billion, far above the US$17 billion pledged.
The board says disbursement of contributions pledged by the United States, Saudi Arabia, United Arab Emirates and Qatar must be accelerated, although some countries hesitate over transparency and prefer the UN.