New joint assessment by the United Nations and the European Union, developed in coordination with the World Bank, estimates that more than $71 billion will be required over the next decade for recovery and reconstruction in war-ravaged Gaza. The figure, approximately $71.4 billion, covers the massive scale of damage to infrastructure, housing, essential services, and the broader economy following more than two years of conflict.
The Gaza Rapid Damage and Needs Assessment highlights the enormous challenges ahead: widespread destruction of homes, hospitals, schools, roads, and utilities has left hundreds of thousands displaced and basic services in tatters. Housing alone is expected to require a substantial share of the funds, with additional major needs in health, education, commerce, industry, agriculture, and food systems.
EU foreign policy chief Kaja Kallas referenced the updated estimate of $71 billion today during meetings in Brussels on the Palestinian issue, noting that the figure emerged from months of detailed discussions with the UN and World Bank. Earlier interim assessments had placed the total around $70 billion, with roughly $20 billion needed in the initial three years to stabilize essential services and begin laying the groundwork for long-term recovery.
"This assessment underscores the sheer scale of the humanitarian and developmental crisis in Gaza," said a UN spokesperson. "Rebuilding will not only involve clearing vast amounts of rubble and restoring physical infrastructure but also reviving economic activity and ensuring the safety and well-being of the population. Recovery is expected to take years, if not decades, and will require sustained international commitment."
The report emphasizes that any viable reconstruction process must be anchored in a broader political and security framework to ensure sustainability and prevent future cycles of destruction. International donors, including European and Arab nations, have previously signaled willingness to contribute, though the full funding gap remains significant.
The UN and EU called on the global community to support coordinated efforts for immediate humanitarian aid, safe access for relief operations, and long-term planning that prioritizes the needs of Gaza's civilian population.