President Donald Trump said he will announce on Thursday that Board of Peace member states have pledged more than $5 billion for reconstruction and humanitarian efforts in Gaza.

In a Sunday post on Truth Social, Trump wrote that member states have also committed thousands of personnel toward a U.N.-authorized stabilization force and local police in the Palestinian enclave. 

"On February 19th, 2026, I will again be joined by Board of Peace Members 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 DOLLARS toward the Gaza Humanitarian and Reconstruction efforts, and have committed thousands of personnel to the International Stabilization Force and Local Police to maintain Security and Peace for Gazans. Very importantly, Hamas must uphold its commitment to Full and Immediate Demilitarization. The Board of Peace will prove to be the most consequential International Body in History, and it is my honor to serve as its Chairman," Trump wrote.

"The Board of Peace has unlimited potential. Last October, I released a Plan for the permanent end to the Conflict in Gaza, and our Vision was unanimously adopted by the United Nations Security Council. Shortly thereafter, we facilitated Humanitarian Aid at record speed, and secured the release of every living and deceased Hostage. Just last month, two dozen distinguished Founding Members joined me in Davos, Switzerland, to celebrate its official formation, and present a bold Vision for the Civilians in Gaza, and then, ultimately, far beyond Gaza — WORLD PEACE!" he said.

The board's creation was endorsed by a United Nations Security Council resolution as part of the Trump administration's plan to end the war between Israel and Palestinian terrorist group Hamas in Gaza.

Israel and Hamas agreed to the plan last year with a ceasefire officially taking effect in October, although both sides have accused each other repeatedly of violating the ceasefire. According to Gaza's Health Ministry, more than 590 Palestinians have been killed by Israeli troops in the territory since the ceasefire began. Israel has said four of its soldiers have been killed by Palestinian militants in the same period.

While regional Middle East powers including Turkey, Egypt, Saudi Arabia, Qatar and Israel - as well as emerging nations such as Indonesia - have joined the board, global powers and traditional Western U.S. allies have been more cautious.

Trump did not detail which member nations were making the pledges for reconstruction or would contribute personnel to the stabilization force. But Indonesia’s military said Sunday that up to 8,000 of its troops are expected to be ready by the end of June for a potential deployment to Gaza as part of a humanitarian and peace mission. It's the first firm commitment that the Republican president has received.

Rebuilding the Palestinian territory will be a daunting endeavor. The United Nations, World Bank and European Union estimate that reconstruction of the territory will cost $70 billion. Few places in the Gaza Strip were left unscathed by more than two years of Israeli bombardment.

The ceasefire deal calls for an armed international stabilization force to keep security and ensure the disarming of the terrorist Hamas group, a key demand of Israel. Thus far, few countries have expressed interest in taking part in the proposed force.

The Oct. 10 U.S.-brokered ceasefire deal attempted to halt a more than 2-year war between Israel and Hamas. While the heaviest fighting has subsided, Israeli forces have carried out repeated airstrikes and frequently fire on Palestinians near military-held zones.

It is not clear how many of the more than 20 members of the Board of Peace will attend the first meeting. Israeli Prime Minister Benjamin Netanyahu, who held White House talks with Trump last week, is not expected to be there.

Trump’s new board was first seen as a mechanism focused on ending the Israel-Hamas war in Gaza. But it has taken shape with his ambition for a far broader mandate of resolving global crises and appears to be the latest U.S. effort to sidestep the United Nations as Trump aims to reset the post-World War II international order.

Many of America’s top allies in Europe and elsewhere have declined to join what they suspect may be an attempt to rival the Security Council.

Trump also confirmed that Thursday's meeting will take place at the U.S. Institute of Peace, which the State Department announced in December it was remaining the Donald J. Trump U.S. Institute of Peace.

The building is the subject of litigation brought by former employees and executives of the nonprofit think tank after the Republican administration seized the facility last year and fired almost all the institute’s staff.

Material from Reuters and the Associated Press was used in this article.