Members of President Donald Trump's Peace Council have pledged more than $5 billion (about 4.6 billion euros) in aid to Gaza.
This was announced on Sunday by the American president, through a post on Truth Social, reports Telegraph.
He said the funding would be formally pledged during a meeting on February 19 in Washington, D.C.
"On February 19, 2026, I will rejoin the members of the Peace Board at the Donald J. Trump Institute of Peace in Washington, D.C., where we will announce that member states have pledged more than $5 billion for humanitarian and reconstruction efforts in Gaza and have committed thousands of personnel to the International Stabilization Force and Local Police to maintain security and peace for the people of Gaza," Trump wrote.
According to him, also, "it is very important that Hamas continue its commitment to complete and immediate demilitarization. The Peace Board will prove to be the most important international body in history and it is my honor to serve as its chairman," Trump further wrote.
As Trump further said, "The Peace Board has unlimited potential."
“Last October, I published a plan for a permanent end to the conflict in Gaza, and our vision was unanimously endorsed by the United Nations Security Council. Soon after, we facilitated humanitarian aid at record speed and secured the release of every hostage, living and dead. Just last month, two dozen distinguished founding members joined me in Davos, Switzerland, to celebrate its formal formation and present a bold vision for civilians in Gaza and then, ultimately, far beyond Gaza – WORLD PEACE!” he continued.
Trump's statement comes after European leaders criticized US President Donald Trump's "Peace Board" for bypassing the UN mandate that supported its creation on Friday.
At the Munich Security Conference, EU High Representative for Foreign Affairs Kaja Kallas accused Trump of using the Peace Board as a personal tool.
It is known that Trump unveiled the initiative at the World Economic Forum in Switzerland last month.
The text of its charter gives Trump broad powers as chairman, allowing him to appoint and dismiss member states - a decision that can only be overturned by a two-thirds majority.
Kallas said that while a UN Security Council resolution gave the board a mandate to manage the governance and reconstruction of Gaza after the war, Trump's body makes no reference to Gaza or the UN.
Spain's Foreign Minister, Jose Manuel Albares, also raised similar concerns, noting that Europe - one of the main funders of the Palestinian Authority - had been excluded from the initiative.
Democratic U.S. Senator Chris Murphy also criticized the "rushed Peace Board."
According to Murphy, Trump is failing to use his influence over Israel to promote aid to Gaza, its reconstruction, and its self-government. /Telegraph/
