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Funding shortfall for Trump’s Gaza Board of Peace in Israel-Palestine conflict

20 May 2026
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The Board of Peace, established by US President Donald Trump to oversee Gaza Strip reconstruction, is facing a financial crisis with a gap between pledges and disbursements. Experts cite donor reluctance due to the board’s structure, lack of political vision, and Israel’s actions in Gaza. Previous aid pledges to Palestinians have not been fully met, with the US having a poor track record. The board’s controversial structure, including a $1bn “permanent seat” offer, has led to international hesitation. The board’s funding crisis is tied to political and security conditions, including demands for Hamas disarmament. Former UN envoy Nickolay Mladenov is involved in the board’s efforts.

Why It Matters:
The financial crisis facing the Board of Peace threatens the $70bn Gaza reconstruction plan, highlighting ongoing challenges in international aid to Palestinians. The reluctance of donors and the board’s strict political conditions raise concerns about the effectiveness and fairness of the reconstruction efforts. The situation underscores the complex political dynamics in the region, with implications for the future stability and development of Gaza and the broader Israeli-Palestinian conflict. A new study published in the journal Science reveals that the Amazon rainforest is now emitting more carbon dioxide than it absorbs. This is a significant shift from the past, when the rainforest acted as a crucial carbon sink. Deforestation, forest fires, and climate change are cited as the main reasons behind this alarming change. Scientists warn that this reversal could have devastating consequences for global efforts to combat climate change.

Why It Matters

The Amazon rainforest plays a vital role in regulating the Earth’s climate by absorbing carbon dioxide from the atmosphere. However, the recent findings show that the rainforest is now contributing to the greenhouse effect by releasing more carbon dioxide than it captures. This shift could accelerate global warming and have far-reaching impacts on weather patterns, biodiversity, and the livelihoods of millions of people who depend on the rainforest for their survival. It underscores the urgent need for immediate action to protect the Amazon and curb deforestation to mitigate the effects of climate change.

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Tags: boardConflictEconomyExplainerFundingGazaHuman rightsHumanitarian crisesisraelIsrael-Palestine conflictIsraelPalestineMiddle EastNewsPalestinepeacePoliticsshortfallTrumpsUnited StatesUS & Canada
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