In a recent announcement, US President Donald Trump stated that the member countries of the Peace Board, which he established to address global conflicts, are set to allocate more than $5 billion toward humanitarian and reconstruction initiatives in the war-torn region of Gaza. This funding is expected to be formally announced during the Board’s first meeting, scheduled for next week at the recently renamed Donald J. Trump Peace Institute in Washington, D.C.

During his message, Trump emphasized the significance of this financial commitment, highlighting that a considerable number of individuals and organizations are joining forces to support these efforts. He plans to convene again on February 19, 2026, with the Board members to discuss further dealings and report on the financial pledges made for Gaza. The announcement underscores an attempt by Trump to position himself and his organization as key players in international humanitarian aid, particularly in the context of the ongoing crises in the region.

This move may also have broader political implications as it seeks to bolster Trump's image prior to the next presidential election, potentially appealing to voters who prioritize foreign policy and humanitarian efforts. While the stated amount of funding signals a significant commitment, the actual impact will largely depend on the follow-through by both the member nations and the organizations outlined to manage these initiatives.