President Donald Trump has announced that member states of his Board of Peace have committed over $5 billion for humanitarian and reconstruction efforts in Gaza. The pledge, along with thousands of personnel for security, will be formally unveiled on February 19, 2026, in Washington, D.C. The initiative aims to foster long-term peace and economic stability in the region.
President Donald Trump revealed on Sunday that his newly formed Board of Peace has secured pledges exceeding $5 billion from member states for Gaza's humanitarian and reconstruction needs. This commitment includes thousands of personnel dedicated to an International Stabilization Force and local police units to ensure security for residents.
The formal announcement is scheduled for February 19, 2026, at the Donald J. Trump Institute of Peace in Washington, D.C. Trump highlighted the board's progress, stating, “On February 19th, 2026, I will again be joined by Board of Peace Members at the Donald J. Trump Institute of Peace in Washington, D.C., where we will announce that Member States have pledged more than $5 billion toward the Gaza Humanitarian and Reconstruction efforts.”
Trump pointed to prior accomplishments, including a plan released last October for ending the Gaza conflict, which the United Nations Security Council adopted unanimously. This led to rapid humanitarian aid delivery and the release of all living and deceased hostages. Last month, two dozen founding members gathered in Davos, Switzerland, to mark the board's formation and outline a vision for Gaza's civilians, extending toward broader global peace. Trump ratified the board's charter at the World Economic Forum in Davos.
The board seeks to promote sustainable peace and prosperity in Gaza, where aid has long dominated the economy. Senior official Jared Kushner noted, “85% of the GDP of Gaza has been aid for a long time. That’s not sustainable. It doesn’t give these people dignity; it doesn’t give them hope.”
Leadership comprises seven executives: Secretary of State Marco Rubio, U.S. Special Envoy Steve Witkoff, Jared Kushner, former U.K. Prime Minister Sir Tony Blair, Marc Rowan, Ajay Banga, and Robert Gabriel. Participating states include Morocco, Argentina, Bahrain, Armenia, Azerbaijan, Bulgaria, Hungary, Jordan, Kazakhstan, Kosovo, Pakistan, Paraguay, Qatar, Saudi Arabia, Turkey, Uzbekistan, and Mongolia.
Several European nations have declined involvement. Reports indicate hesitation due to an invitation extended to Russian President Vladimir Putin, with France citing risks to the United Nations framework. Trump suggested imposing a 200% tariff on French wines and champagnes to prompt participation, prompting a French official to reply, “We have taken note of Mr. Trump’s statements on wines and champagnes. As we have always emphasized, tariff threats to influence our foreign policy are unacceptable and ineffective.”
Some observers describe the board as “a vanity project” unlikely to achieve lasting peace in Gaza.
