US President Donald Trump has announced that members of the newly formed Board of Peace have pledged more than $5 billion to assist in humanitarian relief and the reconstruction of the Gaza Strip. The pledges are set to be formally revealed at the board’s inaugural meeting on February 19 in Washington, D.C.
Trump, who chairs the Board of Peace, said participating countries have also committed thousands of personnel for an international stabilization force and local policing to help maintain security in Gaza. The initiative is being presented as a framework to accelerate aid and rebuild infrastructure in the conflict-affected region.
The board, created last year under a UN Security Council resolution, includes over 20 countries. Key members are Turkey, Egypt, Saudi Arabia, Qatar, Israel, and Indonesia, among others. While several nations have joined the initiative enthusiastically, some traditional Western allies have been cautious about formal involvement.
Trump described the board as having “unlimited potential” to promote peace and stability not only in Gaza but in other conflict zones worldwide. However, he did not provide a detailed breakdown of which countries contributed funds or will send personnel.
A notable concrete pledge came from Indonesia, whose military indicated it could deploy up to 8,000 troops by June for a humanitarian and peacekeeping mission in Gaza.
The reconstruction requirements in Gaza remain massive, with international estimates putting the total cost at around $70 billion due to extensive damage from more than two years of conflict. While the $5 billion pledge is significant politically, it covers only a fraction of what will be needed to rebuild homes, hospitals, schools, and other essential services.
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