World News

Board of Peace proposes $2.45 billion initial blueprint for Gaza reconstruction

ABC News reports that the U.S.-backed board unveiled a 66-project plan to kickstart rebuilding efforts in Gaza amid ongoing political hurdles.

Updated Sep 23, 2026 · 22:50 UTC6 reports

The short version

The U.S.-backed Board of Peace proposed a six-month, $2.45 billion blueprint containing 66 infrastructure, health, and education projects for Gaza.[ABC News]
The plan is designed to pitch potential international donors, with long-term reconstruction costs estimated to exceed $106 billion over the next decade.[ABC News]
Implementation faces severe challenges as Israeli forces occupy roughly 60% of Gaza, Hamas refuses to disarm, and planned international peacekeeping forces have not deployed.[ABC News]

The Board of Peace proposed a six-month, $2.45 billion plan featuring 66 projects to begin rebuilding Gaza.[ABC News]
Full long-term physical reconstruction in Gaza is estimated to cost $35.2 billion in the medium term and $71.4 billion over 10 years.[ABC News]
The Israeli military currently occupies around 60% of Gaza despite an Oct. 10 ceasefire aimed at enabling reconstruction.[ABC News]

Whether donors will fund the proposal given that Hamas refuses to disarm and an international peacekeeping force has not yet entered Gaza.[ABC News]

Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.