Trump’s Peace Board Pledges $5 Billion for Gaza Reconstruction | DW
WASHINGTON D.C. – Former U.S. President Donald Trump announced Sunday that member nations of his newly formed “Board of Peace” have pledged over $5 billion for “humanitarian and reconstruction initiatives” in Gaza, according to a post on his Truth Social platform.
Trump stated the formal announcement will occur during the organization’s inaugural meeting, scheduled for next week at the Institute of Peace in Washington, D.C., which has been renamed the Donald J. Trump Institute of Peace. “On February 19, 2026, I will be meeting again with the members of the Board of Peace at the Donald J. Trump Institute of Peace in Washington, D.C., where we will announce that member states have pledged over $5 billion for humanitarian and reconstruction initiatives in Gaza,” he wrote.
The former president also asserted that participants in the initiative have “committed thousands of personnel to the International Stabilization Force and Local Police to maintain security and peace for the Gazans.” He further emphasized the importance of Hamas fulfilling its commitment to “full and immediate demilitarization,” adding that the Board of Peace “will prove to be the most vital international body in history, and We see an honor for me to serve as its chairman.”
According to reports, the Board of Peace was initially established to oversee a peace plan for the Gaza Strip following the cessation of conflict between Israel and Hamas, but its scope has since broadened to encompass the resolution of other international disputes. News reports indicate that membership in the Board of Peace requires a $1 billion contribution.
The creation of the Board of Peace and its funding commitments come as international attention remains focused on the aftermath of the recent conflict in Gaza. The pledged funds are intended to address the extensive damage to infrastructure and provide humanitarian assistance to the civilian population. However, the success of reconstruction efforts is contingent upon the security situation and the cooperation of all parties involved.
The role of the “International Stabilization Force” remains undefined, and it is unclear what authority the Board of Peace will wield in enforcing its conditions, particularly regarding Hamas’s demilitarization. Al Jazeera reported that the Board of Peace may be an effort to curtail the influence of European middle powers in the region. The organization’s structure and decision-making processes have not been publicly disclosed.
Trump highlighted the “unlimited potential” of the Board, but offered no details on specific projects or timelines for the disbursement of funds. The next meeting, scheduled for February 19th, is expected to provide further clarity on the Board’s operational plans and the allocation of resources.