Trump's $1 Billion 'Board of Peace' for Gaza Faces Global Reactions and Challenges

U.S. President Donald Trump has unveiled a new initiative known as the ‘Board of Peace,’ which will oversee the reconstruction and governance of Gaza. The board requires a $1 billion payment for permanent membership, while countries that choose not to contribute will serve three-year terms.

The board is intended to facilitate Gaza’s demilitarization, reconstruction, and long-term governance under a U.S.-led framework. Trump, who chairs the board, has invited world leaders, including Jordan’s King Abdullah II, India’s Prime Minister Narendra Modi, and Turkey’s President Recep Tayyip Erdogan, among others.

The Board of Peace includes members such as U.S. Secretary of State Marco Rubio, former British Prime Minister Tony Blair, and Trump’s son-in-law Jared Kushner. The White House said the board will focus on effective governance and the delivery of services to advance peace and stability in Gaza.

Why Did This Happen?

The Board of Peace is a key component of a broader U.S. plan to end the conflict in Gaza. The initiative was outlined in letters sent to global leaders, stating the board would provide a new approach to global conflict resolution.

The move reflects concerns over the limitations of the U.N. Security Council, which has faced U.S. vetoes and funding cuts. Trump has positioned the board as an alternative with a focus on efficiency and results.

How Did Markets React?

The announcement has drawn mixed responses from global leaders. While some have accepted the invitation, others are waiting for further details. Jordan, Greece, Cyprus, and Pakistan have confirmed they were invited. Hungary and Vietnam have already accepted.

India has received an invitation, according to a senior government official. The Indian Ministry of External Affairs has yet to issue an official confirmation.

Canadian Prime Minister Mark Carney expressed support for the board in principle but noted financial details were still being finalized.

What Are Analysts Watching Next?

The U.S. is expected to formally announce the board’s full membership during the World Economic Forum in Davos, Switzerland. The board will also oversee a 15-member Palestinian technocratic committee, which will manage day-to-day affairs in Gaza.

The U.S. has also formed a separate Gaza Executive Board, which includes representatives from Egypt, Qatar, and Turkey. This board will assist in implementing the Board of Peace’s vision.

Israeli officials have raised concerns over the composition of the board, particularly the inclusion of Turkey and Qatar. Israel’s government said the board was not coordinated with its policy and could contradict its strategic interests.

The humanitarian situation in Gaza remains dire, with 80% of buildings destroyed or damaged. Winter weather has exacerbated conditions, with displaced families lacking adequate shelter and supplies.

The United Nations has warned that reconstruction could cost over $70 billion over several decades. Early recovery efforts must begin immediately to restore basic services.

Trump has outlined a vision for Gaza’s reconstruction that includes infrastructure, economic development, and long-term stability. However, analysts are closely watching how the board will manage the delicate political and security challenges in the region.

The board is also expected to oversee the demilitarization of Hamas and the deployment of an international security force. This remains one of the most contentious aspects of the ceasefire plan.

The Board of Peace’s success will depend on its ability to secure funding, manage international cooperation, and address the humanitarian crisis on the ground. Its long-term viability will be tested by both political and financial challenges.