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UN Says Donors Signal Support for Gaza's $70 Billion Rebuild After Ceasefire

UNDP estimates clearing Gaza's debris at roughly 55 million tons will take decades.

Overview

  • European and Arab states, Canada and the United States have indicated willingness to help finance reconstruction, according to a UNDP briefing.
  • The UN, EU and World Bank estimate about $70 billion is needed to rebuild Gaza, with roughly 55 million tons of rubble posing a major hurdle to recovery.
  • A Gaza City municipal spokesperson said streets are buried under about 50 million tons of debris and reported that 90% of roads are damaged and unfit for traffic.
  • Gaza health authorities report 67,913 dead and more than 170,000 injured since 2023, as rescuers recovered 38 bodies in the past day and continue searching for roughly 9,500 missing.
  • Under the ceasefire deal, Hamas released the last 20 living hostages and transferred bodies, Israel agreed to free 1,968 prisoners, and officials say more than 500,000 people have returned to northern areas.