Board of Peace plans $2.4bn Gaza reconstruction as Israel kills seven
Al Jazeera, AP and Reuters report in Al Jazeera on 3 September 2026:
The United States-backed Board of Peace has proposed a $2.4bn plan to begin reconstruction in the Gaza Strip, even as Israeli attacks kill seven Palestinians across the enclave.
The body tasked with overseeing the ceasefire and Gaza’s reconstruction unveiled on Wednesday a 66-project blueprint at a meeting of the group’s board on the sidelines of the United Nations General Assembly.
The full cost of the reconstruction from the damage inflicted on Gaza by Israeli attacks is expected to cost about $35bn over the medium term and an additional $71.4bn in the next 10 years, according to the Board of Peace plan.
The Board of Peace’s high representative, Nikolay Mladenov, said the proposed plan depends on Hamas’s disarmament. Hamas and other Palestinian factions in July agreed to a document setting out a plan for their disarmament in Gaza, in what United States President Donald Trump has called “a monumental step” towards peace and security.
“I want to be very clear that we are not bound by a calendar,” Mladenov said. “We want to make sure that this works.”
Reporting from the Board of Peace news conference in New York, Al Jazeera’s Kristen Saloomey said “little progress has been made on the ground” in Gaza. “What we’ve been hearing from the experts in this meeting is what a daunting task is ahead,” she said. While efforts to alleviate the dire conditions in Gaza were endorsed by the international community in July, “Israel has not lived up to its commitment to withdraw its troops on the ground, and so recovery really has yet to begin,” she said.