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Gaza Reconstruction Funding Estimates (USD)
Breakdown of financial needs for Gaza's reconstruction over the next decade.
Primary Sources
Over $71bn is needed over the next decade to rebuild Gaza, according to ...
Displaced Palestinian children in Nusairat, Gaza. Alamy Stock Photo Palestine The joint assessment said the scale and extent of deprivation “have pushed back human development in the Gaza Strip by 77 years”. LAST UPDATE | 1 hr ago MORE THAN $71bn (€60.4bn) will be needed over the next decade for recovery and reconstruction in Gaza, according to a joint assessment by the United Nations and the European Union. Much of the Palestinian territory, including schools, hospitals and other civic infrastructure, has been reduced to rubble by Israeli military strikes in the last two-and-a-half years following the Hamas attack on 7 October 2023. The UN and the EU’s final Gaza Rapid Damage and Needs Assessment (RDNA) was published today. It was developed in coordination with the World Bank. It said the escalation of the conflict since October 2023 “has led to an unprecedented loss of life and a catastrophic humanitarian crisis”. “Over two years of conflict has resulted in more than 71,000 Palestinian fatalities and over 171,000 injured, and many are missing under the rubble.” Palestinians walk along a street surrounded by buildings destroyed during Israeli air and ground operations in Khan Younis. Alamy Stock Photo Alamy Stock Photo According to the RDNA, some 371,888 housing units have been destroyed or damaged, more than 50% of hospitals in the territory are non-functional and nearly all schools have been destroyed or damaged. At the same time, 1.9 million people – nearly Gaza’s entire population – have been displaced, often multiple times, and more than 60% of the population had lost their homes. “The scale and extent of deprivation across living conditions, livelihoods/income, food security, gender equality, and social inclusion, have pushed back human development in the Gaza Strip by 77 years,” the assessment states. It determined that $26.3bn (€22.4bn) would be required in the first 18 months to restore essential services, rebuild critical infrastructure and support economic recovery. “Recovery and reconstruction needs are estimated at around $71.4bn (€60.7bn),” it states. Palestinian children searching through piles of garbage for leftover food or toys at a landfill in Al-Bureij refugee camp in the central Gaza Strip. Alamy Stock Photo Alamy Stock Photo “Physical infrastructure damages are estimated at $35.2bn (€29.9bn), with economic and social losses amounting to $22.7bn (€19.3bn).” Gaza’s economy has contracted by 84%, while nearly three-quarters of...
Report finds Gaza needs more than $71bn in next decade for recovery
More than $71bn will be needed over the next 10 years for recovery and reconstruction in Gaza after Israel’s genocidal war on the territory, a new report says.In their final Gaza Rapid Damage and Needs Assessment (RDNA), released on Monday, the European Union and United Nations asserted that the conflict has had a “catastrophic impact on human development” and left the enclave desperately in need of huge sums of money in the immediate future.The report found that $26.3bn will be required in the first 18 months of Gaza’s reconstruction to restore essential services, rebuild critical infrastructure and support its economic recovery.“Physical infrastructure damages are estimated at $35.2 billion, with economic and social losses amounting to $22.7 billion,” a joint statement by the report’s sponsors said.Gaza is under a fragile “ceasefire” that was agreed in October. The agreement, which the Israeli military is accused of repeatedly breaching, followed two years of devastating conflict sparked by the October 7, 2023, Hamas-led attacks on southern Israel.The Israeli response – widely condemned for having quickly morphed into an attempt to eradicate Gaza’s 2.3 million people – has killed more than 72,340 people, according to Gaza’s Ministry of Health.At least 765 people have reportedly been killed since the ceasefire took effect. At least 32 deaths have occurred since the start of April alone. The victims include Al Jazeera journalist Mohammed Wishah, who was killed in a drone strike west of Gaza City on April 8.Gaza’s Government Media Office said Israel has committed 2,400 violations of the “ceasefire”. These include killings, arrests, blockades and starvation policies.EntombedThe UN said the Israeli bombardment has generated more than 61 million tonnes of rubble in the besieged and battered strip, leaving entire communities entombed.According to the RDNA, 371,888 housing units have been destroyed or damaged, more than 50 percent of hospitals in the territory are nonfunctional and nearly all schools have been destroyed or damaged.Gaza’s economy has contracted by 84 percent, and 1.9 million people have been displaced, often multiple times. More than 60 percent of the population have lost their homes, the assessment found.The hardest-hit sectors in the strip include “housing, health, education, commerce, and agriculture”, and the conflict has set back human development in Gaza by 77 years, the report said.Both the UN and the EU have called for Gaza’s reconstructi...
Final Gaza Rapid Damage and Needs Assessment estimates $71.4 billion ...
According to the assessment, recovery and reconstruction needs in Gaza are estimated at $ 71.4 billion over the next decade, including $ 26.3 billion required in the first eighteen months to restore essential services, rebuild critical infrastructure, and support economic recovery. Physical infrastructure damages are estimated at $ 35.2 billion, with economic and social losses amounting to ...
than $71 billion will be needed over the next decade for recovery ...
3 hours ago ... More than $71 billion will be needed over the next decade for recovery and reconstruction in war-ravaged Gaza, according to an EU-UN assessment. After...
