Trump Unveils Gaza Aid Commitments at Board of Peace Meeting

The new international organization aims to coordinate humanitarian relief and reconstruction efforts for the Gaza Strip.

Feb. 26, 2026 at 5:55pm

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At the first meeting of the newly established Board of Peace, President Donald Trump announced billions in aid commitments from the U.S. and other countries to support rebuilding efforts in the Gaza Strip. While progress has been made on the Gaza crisis, Trump warned that conflict with Iran continues to loom, stating that Iran cannot be allowed to obtain a nuclear weapon.

Why it matters

The Board of Peace was created by the United Nations to help coordinate international aid and reconstruction efforts in the Gaza Strip, which has been devastated by years of conflict between Israel and Hamas. Trump's announcement of significant financial commitments from the U.S. and other nations signals a renewed push for peace and stability in the region.

The details

During his speech, Trump said the U.S. is contributing $10 billion in aid to Gaza, while the UN Office for the Coordination of Humanitarian Affairs is raising $2 billion and FIFA is helping raise $75 million. Other Middle Eastern countries like the UAE, Saudi Arabia, and Qatar have also pledged at least $1 billion each, along with law enforcement assistance and future fundraising efforts.

  • The Board of Peace meeting took place on Thursday, February 19, 2026 in Washington, D.C.

The players

Donald Trump

The former U.S. President who presided over the first meeting of the Board of Peace.

JD Vance

The Vice President who attended the Board of Peace meeting alongside Trump.

Marco Rubio

The U.S. Secretary of State who also attended the Board of Peace meeting.

United Nations

The international organization that approved the creation of the Board of Peace to coordinate humanitarian aid and reconstruction efforts in the Gaza Strip.

United Arab Emirates, Saudi Arabia, Qatar

Middle Eastern countries that have each pledged at least $1 billion in aid to the Gaza Strip.

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What they’re saying

“Peace is an easy word to say, but a hard word to produce.”

— Donald Trump, President

“All of these countries are working together around the vision of a Middle East that is free from the curse of extremism and terror.”

— Donald Trump, President

“There's nothing more important than peace, and there's nothing less expensive than peace. You know, when you go to war, it costs you 100 times what it costs to make peace.”

— Donald Trump, President

What’s next

Trump said more information regarding the next steps with Iran will be known in 10 days or so. He stated that Iran cannot be allowed to obtain a nuclear weapon, and that they must join the U.S. on a path towards peace in the region.

The takeaway

The creation of the Board of Peace and the significant financial commitments from the U.S. and other countries represent a renewed push for stability and reconstruction in the Gaza Strip. However, the ongoing tensions with Iran continue to loom as a major obstacle to achieving lasting peace in the Middle East.