Trump Pledges $10 Billion for New “Board of Peace” in Gaza Reconstruction Push

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• March 31, 2026
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WASHINGTON D.C. — In a high-stakes move to redefine global diplomacy, President Donald Trump officially inaugurated the “Board of Peace” on February 19, 2026. During the summit held at the U.S. Institute of Peace, Trump pledged a massive $10 billion U.S. contribution toward a new fund dedicated to the stabilization and reconstruction of the Gaza Strip.

The initiative marks the centerpiece of the administration’s “Comprehensive Plan to End the Gaza Conflict,” signaling a pivot from military intervention toward a U.S.-led reconstruction era.

The $17 Billion “Down Payment”

The inaugural meeting, attended by representatives from over 40 nations, saw a flurry of financial commitments aimed at rebuilding the enclave. While the U.S. is the primary backer, the Board has successfully courted significant regional players.

• Total Initial Pledges: Over $17 billion has been secured to date.
• International Contributors: $7 billion was pledged by a coalition of nine nations, including Saudi Arabia, the UAE, Qatar, Bahrain, Kuwait, and Morocco, alongside Kazakhstan, Azerbaijan, and Uzbekistan.
• The Funding Gap: Despite the significant sum, analysts note this is only a fraction of the estimated $70 billion required for a full recovery following years of conflict.

A New Global Order: Bypassing the UN?

The “Board of Peace” is not merely a regional task force. Critics and supporters alike view it as Trump’s attempt to create a U.S.-led alternative to the United Nations. The President has frequently criticized the UN as “ineffective” and “biased,” and the Board is structured to operate with complete subordination to its founding members rather than traditional international bodies.

While Trump stated the Board would work “in conjunction” with the UN, the appointment of Bulgarian diplomat Nickolay Mladenov as High Representative for Gaza—and the creation of an independent International Stabilization Force (ISF)—suggests a desire for a parallel infrastructure of global governance.

Security First: The Stabilization Force

Reconstruction cannot begin without security, and the Board has already outlined a plan for a 32,000-strong peacekeeping presence:

• Troop Pledges: Five nations—Indonesia, Morocco, Kazakhstan, Kosovo, and Albania—have committed soldiers to the ISF.
• Police Training: Egypt and Jordan have agreed to lead the training of a new 12,000-member Palestinian police force.
• The Mandate: Troops will initially deploy to Rafah, expanding “sector by sector” as Hamas disarms—a condition Trump warned must be met or the administration would react “very harshly.”

Bottom Line

The “Board of Peace” represents a bold, transactional approach to peace-building. By tying reconstruction funds to security guarantees and bypassing traditional diplomatic channels, the Trump administration is betting that “sovereign cooperation” can succeed where international institutions have stalled. Whether this $10 billion pledge is the start of a “dream of lasting harmony” or the beginning of a deeper diplomatic rift with the West remains to be seen.