President Donald Trump’s newly established Board of Peace is set to gather in Washington this week to declare that its member nations have pledged $5 billion for the reconstruction of Gaza, which has been ravaged by conflict. This meeting will mark the group's first official assembly since its inception in January.
"Only a month ago, a prominent assembly of esteemed Founding Members gathered with me in Davos, Switzerland, where we commemorated the formal creation of the board and sketched an ambitious Vision for Citizens in Gaza, which ultimately targets a larger goal of WORLD PEACE!" Trump stated in a post on social media on Sunday.
On February 19th, 2026, I will once more be joined by members of the Board of Peace at the Donald J. Trump Institute of Peace in Washington, D.C., where we will reveal that Member States have committed over $5 BILLION for Humanitarian Assistance and Reconstruction efforts in Gaza, in addition to deploying thousands of personnel to the International Stabilization Force and Local Police to ensure safety and peace for those in Gaza," the president elaborated.
The U.S. Institute of Peace received a new designation as the "Donald J. Trump Institute of Peace" in December, following broad changes earlier in the year when his administration dismissed most of its board and staff, a move associated with the Department of Government Efficiency's plan to lessen U.S. foreign aid.
Over two dozen nations have accepted Trump's offer to be part of his Board of Peace, including significant Middle Eastern nations such as Israel, Qatar, Saudi Arabia, Turkey, and Egypt. Importantly, major European allies of the U.S. have refrained from joining the board, with numerous countries voicing concerns that it may aim to overshadow the role of the United Nations.
"The Board of Peace will certainly be the most influential International Organization in History, and I am privileged to be its Chairman," Trump wrote in his Sunday post. The task of rebuilding Gaza is anticipated to span several years, with estimates suggesting it could exceed $70 billion, based on an operational damage and needs analysis carried out Last year, the United Nations, the European Union, and the World Bank all collaborated.
During last month's signing event in Switzerland for the Board of Peace, Jared Kushner, Trump’s son-in-law and a real estate executive who played a role in facilitating a ceasefire between Israel and Hamas, revealed some initiatives from the board aimed at redeveloping Gaza.
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