Trump Claims $5B Pledged for Gaza
Former U.S. President Donald Trump claimed that "member states" have pledged over $5 billion toward the reconstruction of Gaza. The announcement was reportedly timed with the upcoming launch of a new “Board of Peace” initiative. The scale of the pledges suggests significant international engagement, though practical implementation remains contingent on political negotiations.
- The "Board of Peace" initiative was unveiled by Donald Trump at the World Economic Forum in January 2026. Its stated purpose is to promote peacekeeping globally, with an initial focus on overseeing the Gaza peace plan. - The board's inaugural meeting is scheduled for February 19, 2026, in Washington, D.C., where the pledges are expected to be formally announced. The meeting will take place at the Donald J. Trump Institute of Peace. - While Trump has not specified which of the member nations made the financial pledges, Washington reportedly anticipates significant donations of $1.25 billion each from Qatar, Kuwait, and the United Arab Emirates. - The pledged $5 billion is a fraction of the estimated $70 billion required for the complete reconstruction of Gaza, according to assessments by the United Nations, World Bank, and European Union. - In addition to financial contributions, the plan includes the deployment of an international stabilization and police force. Indonesia has indicated it is preparing up to 8,000 troops for a potential deployment to Gaza as part of this force. - The "Board of Peace" has faced criticism from some European leaders and policy experts for a perceived lack of transparency and for potentially undermining the role of the United Nations. Critics have pointed to the board's charter, which grants its chairman, Donald Trump, extensive authority, including the power to appoint and remove member states. - Membership in the board is reportedly tied to significant financial contributions, with permanent membership offered to states that contribute $1 billion. This has led to accusations of a "pay-to-play" model for international diplomacy. - Initial members of the board include the United Arab Emirates, Saudi Arabia, Egypt, Qatar, Turkey, Pakistan, and Indonesia, among others. However, many traditional U.S. allies in Europe have declined to join the initiative.