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Board of Peace members pledge more than $5 billion for Gaza, Trump says

February 15, 2026 at 06:11 PM
By Channel News Asia
Board of Peace members pledge more than $5 billion for Gaza, Trump says
Delegations from more than 20 countries, including heads of state, are expected to attend the first official Board of Peace meeting on Thursday in Washington.

Analysis & Context

Delegations from more than 20 countries, including heads of state, are expected to attend the first official Board of Peace meeting on Thursday in Washington. Board of Peace members pledge more than $5 billion for Gaza, Trump says. Stay informed with the latest developments and expert analysis on this important story.
Delegations from more than 20 countries, including heads of state, are expected to attend the first official Board of Peace meeting on Thursday in Washington. Advertisement World Board of Peace members pledge more than $5 billion for Gaza, Trump says Delegations from more than 20 countries, including heads of state, are expected to attend the first official Board of Peace meeting on Thursday in Washington. This file photo shows smoke rising following an explosion, within the "yellow line" zone, which is controlled by Israel, in Khan Younis in the southern Gaza Strip on February 10, 2026. The picture was taken with a phone. (Photo: REUTERS/Haseeb Alwazeer) 16 Feb 2026 02:11AM Bookmark Bookmark Share WhatsApp Telegram Facebook Twitter Email LinkedIn Set CNA as your preferred source on Google Add CNA as a trusted source to help Google better understand and surface our content in search results. Read a summary of this article on FAST. Get bite-sized news via a newcards interface. Give it a try. Click here to return to FAST Tap here to return to FAST FAST WASHINGTON: US President Donald Trump said the Board of Peace member states will announce at an upcoming meeting on Thursday (Feb 19) a pledge of more than $5 billion for reconstruction and humanitarian efforts in Gaza.In a post on Truth Social on Sunday, Trump wrote that member states have also committed thousands of personnel toward a UN-authorised stabilisation force and local police in the Palestinian enclave.The US president said Thursday's gathering, the first official meeting of the group, will take place at the Donald J. Trump Institute of Peace, which the State Department recently renamed after the president. Delegations from more than 20 countries, including heads of state, are expected to attend.While regional Middle East powers, including Turkey, Egypt, Saudi Arabia, Qatar and Israel, as well as emerging nations such as Indonesia, have joined the board, global powers and traditional Western US allies have been more cautious.PERMANENT MEMBERS PAY $1 BILLIONIts permanent members must pay $1 billion to join, leading to criticism that the board could become a "pay-to-play" version of the UN Security Council.Trump launched his "Board of Peace" at the World Economic Forum in Davos in January.Some countries, including Croatia, France, Italy, New Zealand and Norway, have declined to join.The board's creation was endorsed by a United Nations Security Council resolution as part of the Trump administration's plan to end the war between Israel and Hamas in Gaza.The two sides agreed to the plan last year with a ceasefire officially taking effect in October, although both have accused each other repeatedly of violating the ceasefire.According to Gaza's Health Ministry, more than 590 Palestinians have been killed by Israeli troops in the territory since the ceasefire began. Israel has said four of its soldiers have been killed by Palestinian militants in the same period. Related: Palestinian leader urges removal of all Israeli 'obstacles' on Gaza ceasefire Indonesia readies up to 8,000 troops for Gaza in support of Trump peace plan

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