Trump’s Board of Peace Pledges $7 Billion for Gaza Relief Amidst UN Concerns

The Board of Peace (BoP), established by former U.S. President Donald Trump, has secured pledges of over $7 billion in relief funds for Gaza, according to recent announcements. This initiative, yet, is unfolding against a backdrop of skepticism from several nations and concerns about its potential impact on the role of the United Nations.

Formation and Mandate of the Board of Peace

Announced in September 2025 and formally established in January 2026 alongside the 56th World Economic Forum, the Board of Peace aims to promote peacekeeping efforts globally. It was named in United Nations Security Council Resolution 2803 as a body tasked with overseeing the Gaza peace plan and reconstruction efforts through the National Committee for the Administration of Gaza (NCAG) [White House Statement]. The board is headquartered in Washington, D.C. At the Donald J. Trump Institute of Peace [Wikipedia].

$7 Billion Pledged for Gaza Relief

During the first meeting of the organization, President Trump announced that member countries have pledged more than $7 billion in aid for Gaza [BBC News]. This relief package is intended to support the second phase of a U.S.-brokered ceasefire plan, which includes the disarmament of Hamas and the rebuilding of Gaza’s infrastructure. The UN estimates the total cost of damage in Gaza at $70 billion [BBC News].

U.S. Contribution and the 20-Point Plan

The United States has committed $10 billion to the Board of Peace [Time Magazine]. The Board of Peace will play a central role in implementing all 20 points of President Trump’s Comprehensive Plan to End the Gaza Conflict, providing strategic oversight and ensuring accountability as Gaza transitions towards peace and development [White House Statement]. A founding Executive Board has been formed, comprised of leaders with expertise in diplomacy, development, infrastructure, and economic strategy [White House Statement].

Concerns and International Response

Despite the pledges, the Board of Peace has faced resistance from several Western nations, including the UK, Canada, France, and Germany, who have declined to join, fearing it may be an attempt to supplant the United Nations [BBC News] and [Wikipedia]. European nations have voiced concerns about the concentration of decision-making authority in the chair, currently held by Donald Trump [Wikipedia]. Trump has stated the BoP could potentially replace the United Nations while also expressing continued support for the UN [Wikipedia].

Membership and Financial Requirements

As of 2026, 25 of the 62 invited countries have signed the Board of Peace’s charter [Wikipedia]. Participating countries are required to contribute US$1 billion to renew their membership after the first three years [Wikipedia].