US President Donald Trump talks to media during the Annual Meeting of the World Economic Forum in Davos, Switzerland, Thursday, Jan. 22, 2026. MARKUS SCHREIBER / AP

US President Donald Trump unveiled his new "Board of Peace" at Davos on Thursday, January 22, casting himself again as a global peacemaker despite widespread scepticism over a plan that aims to rewrite the global order. Trump officials also unveiled ambitious plans for a "New Gaza" during the ceremony at the World Economic Forum, with the US leader describing the devastated Palestinian territory as "great real estate."

The board was created after Trump expressed frustration at failing to win the Nobel Peace Prize and ramped up his accusations that the United Nations had failed to resolve a host of international conflicts.

"Well this is exciting," Trump said as he was joined on stage by leaders and officials from 19 countries to sign the Board of Peace's founding charter in the Swiss ski resort. "This board has the chance to be one of the most consequential bodies ever created," he said.

The Board of Peace, of which Trump is the chairman, was initially designed to oversee the Gaza truce and the reconstruction of the strip after the war between Hamas and Israel. But its purpose has since morphed into resolving all sorts of international conflicts, sparking concerns that the US president wants to create a rival to the UN.