The international community is preparing for Gaza’s reconstruction.
During a Palestine Donors Group meeting in Brussels, the European Union and several partner countries announced nearly €900 million in funding commitments to support Gaza’s recovery after more than two years of devastating conflict.
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The funding is intended to restore essential services, including:
The initiative, known as the Team Gaza Initiative, brings together the European Commission, several European countries, international financial institutions and other partners.
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However, the money cannot be fully deployed yet.
European officials stressed that reconstruction depends on stable conditions on the ground. Although a ceasefire is in place, it remains fragile, and key political issues—including Gaza’s future governance and security arrangements—have yet to be resolved.
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The scale of the challenge is enormous.
According to estimates from the United Nations, the World Bank and the European Union, rebuilding Gaza could cost around $70 billion. More than 60 million tons of rubble must also be cleared before large-scale reconstruction can begin.
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The pledges are an important first step, but not the final solution.
Officials emphasized that these commitments are meant to provide immediate support and lay the groundwork for long-term recovery once security and political conditions allow reconstruction to move forward.
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Nearly €900 million has now been pledged—but turning that money into homes, hospitals and infrastructure will ultimately depend on lasting stability and the ability to safely rebuild Gaza.