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flag The World Bank backs a U.S.-led UN resolution for a two-year Gaza reconstruction authority with international funding and a stabilization force.

flag The World Bank has endorsed a U.S.-drafted UN Security Council resolution on Gaza, supporting a two-year mandate for a transitional governance body, the Board of Peace, to oversee reconstruction and economic recovery. flag The resolution, under negotiation, would authorize an International Stabilization Force and calls for international funding, including through a donor-governed trust fund, with rebuilding costs estimated at $70 billion. flag The U.S. is seeking consensus, aiming for a vote within weeks, while the World Bank emphasized readiness to act upon formal authorization.

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