Full Breakdown
Trump-backed Board of Peace unveils $2.45 billion six-month Gaza reconstruction blueprint
By Drooid · · How we work
Core Event: Six-month, $2.45 billion plan announced in New York
The U.S.-supported Board of Peace presented a six-month recovery program for Gaza on the sidelines of the United Nations General Assembly in September 2026. The blueprint lists 66 costed projects covering temporary housing, debris and unexploded-ordnance clearance, hospital rehabilitation, infrastructure repair, economic acceleration and a multinational security contingent. The first-phase budget is $2.45 billion; the board estimates total medium-term reconstruction at $35.2 billion and a ten-year need of $71.4 billion.
Background & Context
The Board of Peace was created to implement President Donald Trump’s 20-point Gaza peace plan unveiled with Israeli Prime Minister Benjamin Netanyahu in September 2025. A ceasefire took effect on October 10. Hamas accepted a disarmament document on July 30, but Israel has rejected the proposal, insisting on full disarmament before any withdrawal. Board high-representative Nikolay Mladenov has warned that progress “depends heavily on Hamas disarming.”
Data & Statistics
- First-phase funding: $2.45 billion (? £1.85 billion).
- Medium-term estimate: $35.2 billion.
- Ten-year estimate: $71.4 billion.
- 66 projects across six sectors.
- Donor pledges total $18 billion; $280 million transferred to date.
- Israeli forces occupy roughly 60 % of Gaza.
- Gaza health authorities report over 1,300 Palestinians killed since the ceasefire; the Israeli military reports four soldiers killed in the same period.
Official Statements & Responses
- Steve Witkoff, U.S.
- Marco Rubio, U.S.
- Tony Blair, former UK prime minister and board senior envoy, called for “solutions, not slogans,” stressing a “Palestinian-led” effort.
Criticism & Opposition
Board member Nickolay Mladenov warned in August that a collapse of the October ceasefire would be “a point of no return” for the region. United Nations Secretary-General Antonio Guterres denounced ongoing Israeli actions and urged that the UN be allowed to perform its mandates in Gaza.
On-the-Ground Reports
Al Jazeera field reports described recent Israeli drone strikes in al-Mawasi (near Khan Younis) and Deir el-Balah that killed civilians, including Osama Abu Khater and Mohammad Abu Elwan. Medics confirmed additional casualties in Gaza City and Khan Younis, while tent camps continue to shelter the majority of the enclave’s population.
Conflicting Reports & Gaps
- Palestinian casualty figures differ: the BBC cites 1,381 deaths (including 300 children), while DW references “over 1,300” deaths.
- Israeli military reports vary between four and five soldier fatalities since the ceasefire.
- No donor has provided a concrete timeline for the remaining pledged funds, leaving a financing gap of roughly $17.7 billion for the first phase.
Verbatim Quotes
- “I want to be very clear that we are not bound by a calendar,” — Nikolay Mladenov
- “Hamas has agreed to give up the weapons, but we need to implement that,” — Jared Kushner
- “All of the hostages are home. There is a ceasefire, imperfect as it may be, but it still exists. Humanitarian efforts have achieved historic results, with billions of dollars donated and pledged to meet urgent needs and support the long work of recovery,” — Steve Witkoff
What’s Next
The board will solicit additional donor contributions once the program is ready for implementation. Progress remains contingent on three unresolved conditions: (1) Hamas’s full disarmament, (2) an Israeli withdrawal from occupied Gaza, and deployment of the International Stabilization Force. The upcoming Israeli parliamentary election on October 27 is expected to influence negotiations, though no specific timetable for the first reconstruction projects has been announced.