Trump's Peace Board Pledges $5B for Gaza Reconstruction

The new initiative aims to promote global peacekeeping, with an initial focus on rebuilding Gaza.

Published on Feb. 19, 2026

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President Donald Trump's newly formed Board of Peace has pledged $5 billion towards reconstruction efforts in Gaza, where over two years of conflict have left significant damage. The scale of the task is immense, with total reconstruction costs estimated at $70 billion. The Board also aims to deploy an international stabilization force to help disarm Hamas, a key demand from Israel. However, the initiative has generated skepticism, with concerns about its relationship to the United Nations and criticism of its 'pay-to-play' membership model.

Why it matters

The Board of Peace represents an ambitious attempt by the Trump administration to play a leading role in global peacekeeping efforts, potentially sidestepping the established United Nations framework. Its success or failure could have significant implications for the future of international conflict resolution.

The details

The Board of Peace was formally established in January 2026, with members pledging $5 billion towards Gaza's reconstruction. However, this amount is only a fraction of the estimated $70 billion needed to rebuild the Gaza Strip. A key component of the Board's plan is the deployment of an international stabilization force to help disarm Hamas, a demand from Israel. Critics have labeled the Board a 'pay-to-play club,' citing a requirement for invited countries to donate $1 billion to maintain membership after the first three years.

  • The Board of Peace was announced in September 2025.
  • The Board was formally established in January 2026.
  • The Board's inaugural meeting is scheduled for February 19, 2026.

The players

Donald Trump

The former president of the United States who established the Board of Peace.

Benjamin Netanyahu

The current Prime Minister of Israel, who is not expected to attend the Board's inaugural meeting.

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What’s next

The upcoming meeting in Washington on February 19th will be a critical test for the Board of Peace, as the unveiling of specific pledges and commitments will be closely watched.

The takeaway

The success of the Board of Peace will depend on its ability to secure broader international support, demonstrate tangible results in Gaza, and establish itself as a credible and effective force for peace, while navigating the complex dynamics of the Israeli-Palestinian conflict.