The reconstruction of Gaza and the occupied West Bank will require an estimated $53.2 billion over the next ten years, according to the latest Damage and Needs Assessment from the UN and partners.
“Palestinians will need joint action to address the immense recovery and reconstruction challenges ahead. A sustainable recovery process must restore hope, dignity, and livelihoods for the two million people in Gaza,” said Muhannad Hadi, UN Resident and Humanitarian Coordinator in the Occupied Palestinian Territory.
The assessment estimates that $29.9 billion is required to repair physical infrastructure, while $19.1 billion is needed to address economic and social losses.Housing remains the most severely affected sector, accounting for the largest share of recovery needs, with $15.2 billion – or 30 percent of the total cost – earmarked for rebuilding homes.
Over the next three years alone, $20 billion will be required to stabilise essential services and lay the foundation for long-term recovery.
