The US-backed Board of Peace unveiled a $2.4bn, 66-project blueprint to start rebuilding Gaza, while estimating about $35bn in medium-term repairs and $71.4bn over the next decade. The plan is conditional on Hamas disarmament, a development Washington described as a major step toward security. The announcement coincided with Israeli strikes that killed seven Palestinians, drawing condemnation from world leaders at the UN General Assembly. Experts warn that ongoing violence and access restrictions could delay reconstruction.
US-Backed Board of Peace Proposes $2.4bn Gaza Reconstruction Plan As Israeli Strikes Kill Seven
Palestinians inspect a vehicle hit by an Israeli air strike in Khan Younis in the southern Gaza Strip, September 23, 2026 [Ramadan Abed/Reuters]
The United States-backed Board of Peace has unveiled a $2.4 billion, 66-project proposal to kick-start reconstruction in the Gaza Strip, even as renewed Israeli strikes across the enclave have killed seven Palestinians this week.
The body charged with overseeing the ceasefire and Gaza’s rebuilding released the blueprint on the sidelines of the United Nations General Assembly in New York. The plan itemizes immediate projects while estimating the broader cost of reconstruction at roughly $35 billion in the medium term and an additional $71.4 billion over the next decade.
Conditional Plan
Board of Peace high representative Nikolay Mladenov said the programme is conditional on Hamas disarmament and broader security arrangements. “I want to be very clear that we are not bound by a calendar,” Mladenov said. “We want to make sure that this works.”
In July, Hamas and other Palestinian factions reportedly agreed to a document outlining steps toward disarmament in Gaza — a development then described by former US President Donald Trump as “a monumental step” toward peace and security.
Violence and Civilian Impact
On the same day the plan was unveiled, Israeli strikes killed seven Palestinians across Gaza. Two people were killed in an Israeli drone strike on a vehicle in the al-Mawasi area near Khan Younis; medics identified them as Osama Abu Khater and Mohammad Abu Elwan. Israeli Prime Minister Benjamin Netanyahu said the strike targeted a senior Hamas finance official. An aerial attack in central Gaza's Deir el-Balah killed at least two people, while a separate strike in Gaza City killed at least one. Two additional fatalities were reported from wounds sustained in earlier incidents of gunfire. An infant and an elderly woman were also wounded in separate shootings around Khan Younis.
Al Jazeera correspondents at the Board of Peace briefing and reporting from Gaza described the situation as “going from bad to worse,” noting that many of the strikes occur near displacement camps where hundreds of thousands of Palestinians have sought refuge.
International Response
World leaders meeting at the UN General Assembly condemned the continuing violence. Leaders from the United Kingdom, France and Canada criticized Israeli settlement policies in the occupied West Bank as obstructing a two-state solution and urged urgent measures to alleviate suffering in Gaza. UN Secretary-General António Guterres called for unfettered access for the United Nations to carry out its mandates in the enclave. Turkish President Recep Tayyip Erdoğan — a signatory to the Gaza ceasefire agreement — reiterated his country’s commitment to the deal and demanded that reconstruction begin “as soon as possible.”
Outlook
While the Board of Peace’s 66-project package is intended to create a coordinated path to recovery, its implementation faces immediate hurdles: ongoing security incidents, the need for firm disarmament measures, and consensus from international stakeholders and local actors. Observers say that without sustained security guarantees and clear operational access, recovery efforts are unlikely to begin in earnest.
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