US President Donald Trump’s Board of Peace will unveil a six-month, $2.45 billion recovery plan for Gaza at the member countries meeting on Wednesday, Axios reported. The proposal outlines 66 projects focused on urgent humanitarian needs, infrastructure repairs and security arrangements in the war-ravaged enclave.

The plan estimates that physical damage in Gaza has reached $35.2 billion. It also projects that full recovery and reconstruction will require around $71.4 billion over the next decade, according to the Axios report, which cited a copy of the proposal.

The six-month programme includes funding for temporary housing, rubble removal, hospital repairs and economic recovery. It also provides for the deployment of a multinational security force as part of efforts to establish stability in Gaza.

The proposal includes plans to repair border crossings, restore damaged electricity and water infrastructure and deploy 25,000 portable solar power kits for Gaza’s energy needs. Another measure involves permanently filling tunnels beneath locations identified for priority reconstruction projects. The White House and the US Department of State are yet to officially confirm these plans.

The Trump administration told Congress in late July that it was sending more than $206 million for a proposed Gaza peacekeeping force. The funding marked the first major US financial commitment towards the stalled plan to rebuild the heavily damaged territory.

Trump established the Board of Peace to oversee his broader plan to end the war in Gaza and support reconstruction efforts. The initiative has faced delays since an agreement was announced in late July. Israel and Palestinian militant group Hamas have both refused to fulfil conditions required for the agreement to move forward.

The recovery proposal also faces a funding gap. The Board of Peace and the Palestinian government have not yet secured the full $2.45 billion required for the six-month programme, Axios reported. However, officials involved in the plan remain confident that donor countries will provide the necessary funds once political obstacles are resolved.

The proposal comes as Gaza continues to face extensive damage to essential infrastructure, housing and public services. Its projected long-term reconstruction cost of $71.4 billion highlights the scale of the financial commitment required beyond the initial six-month recovery programme.