Board of Peace won’t ‘hoard’ $1 billion pledges as lump sum and will ‘collect the funds necessary’ as Gaza rebuilds An official for President Trump’s Board of Peace stated that the organization does not hoard pledged funds, instead collecting money on an as-needed basis for projects in Gaza. While a Financial Times report claimed a World Bank fund is empty, the board asserts funding is received through other mechanisms. However, operations in Gaza remain stalled due to various obstacles, including Hamas’s refusal to disarm and broader geopolitical conflicts.

• The Board of Peace does not collect lump-sum payments of pledged funds, opting to gather contributions as projects are ready for implementation.
• An official stated that countries like Saudi Arabia and Qatar contribute to specific projects they wish to fund.
• Morocco has contributed financially and pledged police forces for training in Gaza, while the UAE approved a $100 million payment.
• Despite a Financial Times report citing an empty World Bank fund, the Board of Peace claims funding is received through other channels, primarily a J.P. Morgan account.
• Operations in Gaza are delayed due to hurdles like the pending deployment of a governance body and the International Stabilization Force.
• Hamas’s refusal to disarm and relinquish control is identified as a principal obstacle to implementing the peace plan.
• The conflict between U.S. and Iranian forces has also complicated diplomatic relationships and slowed the peace plan’s progress.