Trump’s ‘Board of Peace’ for Gaza to require $1bn payment for permanent membership

Members of former US President Donald Trump’s proposed “Board of Peace,” a body intended to oversee the reconstruction of Gaza, will only be granted lifetime membership if they contribute $1 billion, according to a US official.

The official said all money raised through the scheme would be used exclusively for rebuilding Gaza, adding that the arrangement was designed to prevent high salaries and administrative inefficiencies often associated with international organizations.

While serving on the board does not require any financial contribution, members who do not make the $1 billion payment will be restricted to three-year terms. Only those who pay the fee will secure permanent seats.

The Trump-led board is expected to feature prominent political and economic figures, including former UK Prime Minister Tony Blair, Canadian Prime Minister Mark Carney, and US Secretary of State Marco Rubio. Several world leaders have confirmed receiving invitations to join what Trump has described as “the greatest and most prestigious board ever assembled.” Bloomberg was the first to report the payment requirement.

The Board of Peace forms a key part of a United Nations-backed US proposal to demilitarize and rebuild Gaza following two years of intense conflict between Israel and Hamas. Each member would be assigned oversight of a critical sector tied to Gaza’s stabilization and long-term recovery.

Notably absent from the board is representation from the Palestinian Authority, which governs parts of the occupied West Bank and is widely seen as a potential future administrator of Gaza after significant reforms.

Other proposed members include Trump’s foreign policy envoy Steve Witkoff, deputy national security adviser Robert Gabriel, Trump’s son-in-law Jared Kushner, billionaire investor Marc Rowan, and World Bank President Ajay Banga.

Under the wider US plan, Gaza’s daily administration would be handled by a Palestinian technocratic committee, supported by a separate “Gaza executive board” made up of officials from Turkey, Qatar, Egypt, the United Arab Emirates, along with selected members of the Board of Peace and the technocratic group.

Israeli Prime Minister Benjamin Netanyahu has publicly criticized the involvement of Turkey and Qatar, saying the plan was developed without Israel’s input and conflicts with Israeli policy. He reiterated Israel’s long-standing claims that both countries support Hamas.