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Board of Peace Unveils Multi-Billion Dollar Plan to Rebuild Gaza Amid Stalled Ceasefire
Reported by Tanvi Pillai (Section Editor) · The Hindu - International ·
Confirmed by a second source: BBC News - World
Representative image · Wikimedia CommonsA U.S.-supported group has introduced a multi-billion dollar project to start rebuilding Gaza while trying to revive a struggling ceasefire.
The New Plan
The Board of Peace presented a six-month, $2.45 billion proposal during a gathering in New York that coincided with the United Nations General Assembly. Leaders rolled out a list of 66 projects covering schools, hospitals, and basic infrastructure to back Donald Trump's strategy for ending the conflict. Organizers stated that complete rebuilding will require about $35.2 billion in the medium term and another $71.4 billion over the next decade, with the current proposal targeting wealthy donors to pay for the work.
Major Hurdles
The ceasefire began on October 10 to allow for rebuilding, Israeli troop pullbacks, the removal of weapons from Hamas, a global peacekeeping mission, and a new non-political local administration. However, the broader effort has mostly failed to move forward. The Israeli military currently controls roughly 60% of Gaza, Hamas has kept its weapons, and the peacekeeping unit has not arrived. Nikolay Mladenov, the board's high representative, stated that success depends heavily on Hamas giving up its arms, though he also asked Israel to reduce its military actions.
Security Steps
U.S. General Jasper Jeffers shared a five-step plan for removing weapons from Hamas, starting with international troops from Kosovo and Morocco, followed by personnel from Albania and Kazakhstan. Their mission is to clear out military equipment and gradually hand security duties to an interim government so Israeli forces can pull out.
ExplainerWhy this matters
What Happened
The U.S.-backed Board of Peace introduced a $2.45 billion framework to begin rebuilding Gaza and setting up new local governance, running alongside a fragile ceasefire agreement.
Why It Matters
This initiative attempts to untangle a major diplomatic and humanitarian deadlock. Gaza faces staggering devastation that requires tens of billions of dollars in long-term aid, but physical reconstruction cannot safely begin while active military occupation, armed factions, and a lack of clear civil administration persist.
What Happens Next
Organizers must secure funding from international donors while negotiating the phased deployment of foreign peacekeepers from countries like Kosovo and Morocco. The entire process remains contingent on whether armed groups will disarm and whether occupying military forces will eventually withdraw.
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