{"id":7843,"date":"2026-07-13T17:35:23","date_gmt":"2026-07-13T17:35:23","guid":{"rendered":"https:\/\/pronews.in\/index.php\/2026\/07\/13\/eu-unveils-1bn-fund-for-gaza-war-recovery\/"},"modified":"2026-07-13T17:35:23","modified_gmt":"2026-07-13T17:35:23","slug":"eu-unveils-1bn-fund-for-gaza-war-recovery","status":"publish","type":"post","link":"https:\/\/pronews.in\/index.php\/2026\/07\/13\/eu-unveils-1bn-fund-for-gaza-war-recovery\/","title":{"rendered":"EU unveils $1bn fund for Gaza war recovery"},"content":{"rendered":"<div>\n<p><em>The $1bn scheme falls critically short of the $71bn reportedly needed for Gaza\u2019s recovery over the next 10 years.<\/em><\/p>\n<\/div>\n<div aria-live=\"polite\" aria-atomic=\"true\">\n<p>The European Commission has announced a billion-dollar aid and reconstruction fund aimed at helping the recovery of Gaza from more than two years of devastating war.<\/p>\n<p>The \u201cTeam Gaza Initiative\u201d launched on Monday at a meeting of donors in Brussels. The scheme will support projects such as restoring water and sanitation infrastructure, removing debris and re-establishing health infrastructure, an EU Commission statement said.<\/p>\n<section>\n<h2>Recommended Stories <\/h2>\n<p><span>list of 4 items<\/span><\/p>\n<ul>\n<li><span>list 1 of 4<\/span><a href=\"http:\/\/www.aljazeera.com\/features\/2026\/7\/11\/power-cuts-plunge-gaza-hospitals-into-darkness-as-israels-attacks-persist\">Power cuts plunge Gaza hospitals into darkness as Israel\u2019s attacks persist<\/a><\/li>\n<li><span>list 2 of 4<\/span><a href=\"http:\/\/www.aljazeera.com\/news\/2026\/7\/12\/israeli-forces-kill-five-palestinians-in-latest-attacks-on-gaza\">Israeli forces kill five Palestinians in latest attacks on Gaza<\/a><\/li>\n<li><span>list 3 of 4<\/span><a href=\"http:\/\/www.aljazeera.com\/news\/2026\/7\/13\/hamas-denies-un-accusations-over-gaza-aid-distribution-interference\">Hamas denies UN accusations over Gaza aid distribution interference<\/a><\/li>\n<li><span>list 4 of 4<\/span><a href=\"http:\/\/www.aljazeera.com\/news\/2026\/7\/13\/how-sheikh-hamad-revolutionised-arab-media-through-al-jazeera\">How Sheikh Hamad revolutionised Arab media through Al Jazeera<\/a><\/li>\n<\/ul>\n<p><span>end of list<\/span><\/section>\n<p>However, the size of the fund falls critically short of the tens of billions estimated to be needed to rebuild the Palestinian enclave amid Israel\u2019s genocidal war, which continues to kill Palestinians and create dire humanitarian conditions.<\/p>\n<p>Spain, France, Denmark, the UK, Germany, Norway, Finland, Italy, the Netherlands, Japan, Switzerland, Sweden and Belgium, the World Bank and the European Investment Bank are taking part in the initiative, along with the \u2060Commission itself, the statement said. Australia and Canada \u2060are also expected to join.<\/p>\n<p>\u201cWe will present the initial package today of almost 900 million euros or one billion dollars,\u201d Dubravka Suica, EU commissioner for the Mediterranean, said ahead of the donor meeting. \u201cOur objective is clear: to help build hope, resilience and a better future for the Palestinian people.\u201d<\/p>\n<p>The funding is intended to assist in providing the population with basic water and sanitation facilities, clearing and disposing of rubble and rubbish, as well as restoring health, energy, agricultural and food systems.<\/p>\n<p>No breakdown of how much each partner would contribute was provided. Suica said donors \u201cwant to start with so-called early recovery, and it is very important to show that we are willing to do it.\u201d<\/p>\n<p>\u201cWe now need the conditions on the ground that will allow the support to reach the people in Gaza,\u201d she added.<\/p>\n<p>While Israel and Hamas agreed to a US-brokered \u201cceasefire\u201d last October, Israel has <a href=\"http:\/\/www.aljazeera.com\/news\/2026\/7\/12\/israeli-forces-kill-five-palestinians-in-latest-attacks-on-gaza\">consistently breached it<\/a>.<\/p>\n<p>The intensity of the fighting has reduced, but <a href=\"http:\/\/www.aljazeera.com\/news\/2026\/7\/9\/israeli-attacks-on-gaza-kill-10-people-in-24-hours-despite-ceasefire\">at least 1,100 Palestinians<\/a> have been killed and more than 3,500 wounded since the \u201cceasefire\u201d began. In total, the war has killed at least 73,000 Palestinians.<\/p>\n<p>The EU Commissioner for Equality, Preparedness and Crisis Management described the situation in Gaza as \u201cunbearable\u201d. Hadja Lahbib called for humanitarian access to the enclave and greater political engagement from Israeli authorities.<\/p>\n<p>\u201cNine months after the so-called ceasefire, shelling continues, disease is spreading, people are dying,\u201d Lahbib told reporters ahead of the billion dollar fund announcement.<\/p>\n<p>European Union and United Nations <a href=\"http:\/\/www.aljazeera.com\/news\/2026\/4\/20\/report-finds-gaza-needs-more-than-71bn-in-next-decade-for-recovery\">said<\/a> in April that more than $71bn will be needed over the next 10 years for Gaza\u2019s recovery and reconstruction.<\/p>\n<p>The Gaza Rapid Damage and Needs Assessment (RDNA) report found that $26.3bn will be required in the first 18 months to restore essential services, rebuild critical infrastructure and support Gaza\u2019s economic recovery.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The $1bn scheme falls critically short of the $71bn reportedly needed for Gaza\u2019s recovery over the next 10 years. The European Commission has announced a billion-dollar aid and reconstruction fund aimed at helping the recovery of Gaza from more than two years of devastating war. The \u201cTeam Gaza Initiative\u201d launched on Monday at a meeting &#8230; <a title=\"EU unveils $1bn fund for Gaza war recovery\" class=\"read-more\" href=\"https:\/\/pronews.in\/index.php\/2026\/07\/13\/eu-unveils-1bn-fund-for-gaza-war-recovery\/\" aria-label=\"Read more about EU unveils $1bn fund for Gaza war recovery\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":7844,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-7843","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-travel"],"_links":{"self":[{"href":"https:\/\/pronews.in\/index.php\/wp-json\/wp\/v2\/posts\/7843","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pronews.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pronews.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pronews.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pronews.in\/index.php\/wp-json\/wp\/v2\/comments?post=7843"}],"version-history":[{"count":0,"href":"https:\/\/pronews.in\/index.php\/wp-json\/wp\/v2\/posts\/7843\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pronews.in\/index.php\/wp-json\/wp\/v2\/media\/7844"}],"wp:attachment":[{"href":"https:\/\/pronews.in\/index.php\/wp-json\/wp\/v2\/media?parent=7843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pronews.in\/index.php\/wp-json\/wp\/v2\/categories?post=7843"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pronews.in\/index.php\/wp-json\/wp\/v2\/tags?post=7843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}