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UN says countries are willing to help fund Gaza's US$70 billion reconstruction
The UN estimates Gaza suffered 84% structural damage during the war, with $20 billion needed urgently over three years for initial recovery efforts, supported by international donors.
- Speaking from Jerusalem, UNDP's Jaco Cilliers noted Israel's two-year war generated at least 55 million tons of rubble and damaged about 83 per cent of building structures in the Gaza Strip.
- An initial $20 billion is needed now to kickstart recovery, UNDP said it cleared about 81,000 tons of rubble, and Israeli authorities agreed to allow 190,000 tonnes of relief supplies.
- Following the ceasefire on Oct 13, Hamas freed the last Israeli hostages and Israel released Palestinian detainees, while UN agencies say relief deliveries are increasing but still fall short.
- With Gaza home to 2.1 million people, the United Nations development agency prioritizes clearing rubble to enable aid delivery and locate unexploded ordnance and missing Palestinians.
33 Articles
33 Articles
According to the United Nations Development Programme (UNDP), the reconstruction of the Gaza Strip, devastated after two years of war, will cost at least $70 billion and will require decades of work.The destruction in this area of the Middle East is almost total.Of this astronomical figure, it is estimated that about $20 billion will have to be mobilized in the next three years to make the lives of thousands of people in this Palestinian territo…
Cost of rebuilding Gaza estimated at $70 billion
The United Nations Development Programme (UNDP) has revealed that the estimated cost of rebuilding the Gaza Strip is around $70 billion, given the widespread destruction caused by the recent war, which the programme described as unprecedented in the history of modern conflicts. In a statement issued on Tuesday, the programme explained that the scale of destruction in the Strip requires unprecedented international efforts in terms of both funding…
UN Says States Willing to Fund Gaza's $70 Billion Rebuild
European and Arab nations, Canada and the US appear willing to contribute to the estimated US$70 billion needed to rebuild Gaza, a UN official said on Tuesday (Oct 14), adding that the two-year war there had produced rubble equal to 13 times the pyramids of Giza.
According to Jaco Cilliers, representative of the United Nations Assistance Programme for the Palestinian People, the time to rebuild the region will depend on donors from several countries and the private sector, which can last for decades.
UN says countries are willing to help fund Gaza's US$70 billion reconstruction
European and Arab nations, Canada and the US appear willing to contribute to the estimated US$70 billion needed to rebuild Gaza, a UN official said on Tuesday (Oct 14), adding that the two-year war there had produced rubble equal to 13 times the pyramids of Giza.
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