A $2.45 Billion Recovery Plan for Gaza

Trump's Board of Peace Unveils $2.45 Billion Reconstruction Plan for Gaza

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World Brief: A $2.45 Billion Recovery Plan for Gaza

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A $2.45 Billion Recovery Plan for Gaza

Trump claims to have brought peace to the territory. Now, he is trying to deliver it.

!An illustration of Alexandra Sharp, World Brief newsletter writer

*An illustration of Alexandra Sharp, World Brief newsletter writer*

*Alexandra Sharp*

By **Alexandra Sharp**, the World Brief writer at *Foreign Policy*.

!Heavily damaged apartment buildings are surrounded by piles of rubble.

*Heavily damaged apartment buildings are surrounded by piles of rubble.*

Heavily damaged homes in the al-Tuffah neighborhood of Gaza City are seen on Sept. 22. Faiz Qreqa/Middle East Images/AFP via Getty Images

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September 23, 2026, 5:04 PM

Welcome back to World Brief, where we’re looking at a massive **Board of Peace** recovery plan for **Gaza**, **Iran** defying **U.S.** threats of annihilation, and calls for global safeguards on **AI development**.

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**A ‘Spectacle That Should Shame Us All’**

The U.S.-led Board of Peace unveiled a $2.45 billion plan on Wednesday for the reconstruction and governance of Gaza. While acknowledging that enormous hurdles continue to stand in the way of progress, the board outlined a lightning-fast, six-month proposal that includes debris removal, temporary housing, hospital reconstruction, electricity and water restoration, and the deployment of a multinational security force.

Welcome back to World Brief, where we’re looking at a massive **Board of Peace** recovery plan for **Gaza**, **Iran** defying **U.S.** threats of annihilation, and calls for global safeguards on **AI development**.

Sign up to receive World Brief in your inbox every weekday.

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**A ‘Spectacle That Should Shame Us All’**

The U.S.-led Board of Peace unveiled a $2.45 billion plan on Wednesday for the reconstruction and governance of Gaza. While acknowledging that enormous hurdles continue to stand in the way of progress, the board outlined a lightning-fast, six-month proposal that includes debris removal, temporary housing, hospital reconstruction, electricity and water restoration, and the deployment of a multinational security force.

“The plan shows how to stand up a government from nothing, an economy from shambles, and a territory from disaster,” a Board of Peace official told *Axios*.

The 66-project blueprint is designed to support U.S. President Donald Trump’s 20-point peace plan for Gaza. Trump has consistently pointed to that proposal as evidence that he “ended” the nearly 3-year-long war.

However, the bedrock of that plan—a U.S.-brokered cease-fire that took effect last October—remains precarious at best. Bouts of fighting continue to wreak havoc on the enclave; on Wednesday, Israeli airstrikes killed at least four people, one of whom Israeli Prime Minister Benjamin Netanyahu claimed was a senior Hamas financial official. The Israeli military still refuses to withdraw from large swaths of Gaza territory, Hamas has resisted efforts to give up its armaments, and the vast majority of Gaza’s residents continue to live in makeshift tent camps or destroyed homes.

According to the U.N. humanitarian affairs office, Gaza remains plagued by overcrowding, poor shelter, and unsafe drinking water. Palestinian women face growing pressures, as they now head nearly one in every four households due to their husbands being killed, detained, injured, or missing. And although the October cease-fire allowed some humanitarian aid to enter Gaza, chronic malnutrition continues to affect 12.2 percent of children under age 5.

The Board of Peace’s latest blueprint only scratches the surface of what experts estimate Gaza needs to rebuild. The board acknowledged on Wednesday that full reconstruction will cost around $35.2 billion over the medium term and another $71.4 billion over the next 10 years.

“Obviously this is a long-term project,” U.S. Secretary of State Marco Rubio said. “It’s not something that can happen in six months. But at least \[this] gives people ​a hope. Here’s the future that awaits you if everyone does their part.”

But not everyone believes that the White House can lead the charge. French President Emmanuel Macron used his time on the United Nations’ stage on Tuesday to dismiss Trump’s claims that he has brought peace to Gaza. “Some boast of a supposed peace, but that peace has not reopened humanitarian access for a single second,” Macron said in thinly veiled remarks about the Trump administration. “Are we simply ​to stand by and watch this spectacle that should shame us all?”

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**Today’s Most Read**

* **The Real Reason Chinese AI Is Winning the Global South** *by Lizzi C. Lee and Zhuoning Li*
* **Trump’s Greenland Deal Is a Pyrrhic Victory at Best** *by Imran Bayoumi*
* **UNGA Convenes With Uncertainty on the Horizon** *by J. Alex Tarquinio*

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**What We’re Following**

**Pezeshkian’s rebuttal.** Iranian President Masoud Pezeshkian delivered a defiant speech at the U.N. General Assembly on Wednesday, vowing to never surrender to the United States. It came just 24 hours after Trump threatened to “annihilate” the Islamic Republic. His comments contradict the U.S. president’s claims that Tehran desperately seeks a peace deal, and they show that Pezeshkian will not be cowed by the White House’s warnings.

Pezeshkian’s prese