Board of Peace unveiled to steer Gaza ceasefire and reconstruction President Trump announced the creation of a Board of Peace at the Davos forum, describing it as a mechanism to manage a Gaza cease‑fire, oversee reconstruction and potentially rival certain United Nations functions, with participation billed as global in scope[1]. The initiative is positioned as the centerpiece of the U.S.‑led 20‑point plan to transition Gaza from conflict to governance[5]. Trump will chair the board, which is intended to coordinate diplomatic, investment and service delivery efforts for Gaza[3].

Funding model creates permanent seats for billion‑dollar contributors A U.S. official disclosed that nations or entities contributing $1 billion will receive permanent seats on the Board of Peace, while non‑paying members are limited to three‑year terms[2]. Bloomberg first reported the buy‑in structure, and the funds are earmarked for Gaza’s rebuilding without creating a large bureaucratic overhead[2]. This tiered membership scheme aims to attract high‑level financing while allowing broader, shorter‑term participation from other states[2].

Israel protests lack of coordination and limited representation Israel’s government publicly objected, saying the board’s formation was not coordinated with Jerusalem and runs contrary to its policy[4]. The only Israeli listed on the Gaza Executive Board is businessman Yakir Gabay, with no Palestinian officials on senior boards[3]. Netanyahu initially criticized the board’s makeup, later signaled willingness to join, yet also voiced opposition to Turkey and Qatar holding key roles[2][3], highlighting internal and allied tensions over the governance framework.

Humanitarian steps include Rafah crossing opening and allied reactions Ali Shaath announced that the Rafah border crossing will open in both directions next week, a concrete humanitarian move linked to the cease‑fire phase of the peace plan[1]. While Putin said Russia is still consulting partners before deciding on participation, Ukrainian President Zelensky arrived in Davos to press for broader support of the Gaza deal[1]. These developments show that, alongside the board’s political architecture, tangible relief actions are being coordinated under U.S. supervision[1].