More than $71 billion will be needed over the coming decade to support recovery and reconstruction efforts in Gaza devastated by two years of Israeli attacks, an assessment by the EU and the U.N. revealed Monday.
In their final Gaza Rapid Damage and Needs Assessment (RDNA), the United Nations and the European Union said that more than two years of Israeli war in the Palestinian territory "has led to unprecedented loss of life and a catastrophic humanitarian crisis".
"Recovery and reconstruction needs are estimated at around $71.4 billion," said the assessment, developed in coordination with the World Bank.
Much of Gaza, including schools, hospitals and other civic infrastructure, has been reduced to rubble by a withering Israeli military offensive retaliating to the Hamas attack on Oct. 7, 2023.
The final assessment determined that $26.3 billion would be required in the first 18 months to restore essential services, rebuild critical infrastructure and support economic recovery.
