UNDP: Gaza’s Reconstruction Will Require Approximately $70 Billion

Kokcha News Agency – Jaco Cilliers, UNDP’s Special Representative in Palestine, announced during a virtual press briefing at the UN Geneva Office that Gaza’s reconstruction will require approximately $70 billion. This estimate comes from the Interim Rapid Damage and Needs Assessment (IRDNA), a joint effort by the UN, European Union (EU), and World Bank.

Cilliers highlighted the shocking scale of destruction in Gaza but praised the resilience of Gazans and their determination to rebuild the Strip. He emphasized that all parties must respect the ceasefire in Gaza, as it is crucial for long-term stability and recovery in the region.

The UNDP has already cleared around 81,000 tons of rubble, equivalent to approximately 3,100 truckloads. Cilliers noted that much of the debris removal is focused on providing access for humanitarian aid actors, enabling them to deliver much-needed assistance to the people of Gaza. Additionally, efforts are being made to clear hospitals and other social services facilities.

Cilliers stated that the IRDNA estimates Gaza’s reconstruction will cost around $70 billion, with approximately $20 billion needed over the next three years. He called for improved access to Gaza to facilitate early recovery and reconstruction efforts, including the provision of heavy equipment necessary for restoration and repair work.

He also suggested that private sector financing could cover about 50% of the reconstruction costs, alongside donor funds. Cilliers pointed out that the amount of rubble awaiting removal is around 55 million tons and continues to grow.

The UNDP remains committed to working in Gaza, providing services across humanitarian aid, early recovery, and development. Cilliers expressed hope that, with the support of UN partners and other international and national actors, recovery efforts could begin as soon as possible.