Donald Trump's idea to create a global body to oversee the reconstruction of Gaza, dubbed the "World Council," is already in danger of failing at the starting line. Despite grandiose statements about a "royal court" and promises from world leaders, reality turned out to be far more prosaic: the organization's official fund has not received a single dollar of the promised $7 billion.

The project, which the US President positioned as one of the most important international structures of his presidency, is stuck in a bureaucratic and legal deadlock. Four months after the announcement at the Davos Forum, the financial mechanism created with the support of the World Bank remains empty. Donors who promised to contribute funds have so far chosen other financing routes, leaving the "Council" without resources.

The situation is exacerbated by internal contradictions. While Trump sees this structure as a tool for direct influence, Secretary of State Marco Rubio describes it as a UN analogue for humanitarian tasks. Discrepancies in the vision of the organization's mission are compounded by legal risks: a UN Security Council resolution defines the status of the structure as a "transitional administration," creating uncertainty for potential contractors and investors.

Effectively, at this stage, the "Council" cannot begin work in Gaza for several reasons:

  • Lack of funding: No major contracts have been signed as money has not been deposited into the fund's accounts.
  • Political uncertainty: Hamas has not been disarmed, making the physical presence of international teams impossible.
  • Bureaucratic barriers: Even the $1.2 billion allocated by the US State Department is frozen until financial control systems are implemented.

The only funds that have been mobilized are modest contributions from Morocco and the UAE, directed towards paying for the office of coordinator Nikolay Mladenov and the salaries of the technocratic committee. However, the program for training new police forces, funded by the UAE, is also at a standstill.

According to experts, fully rebuilding the sector will require more than $70 billion over the next ten years. Currently, not a single US dollar has been officially allocated for these purposes. As Bishara Bahbah, a Palestinian-American businessman who participated in the negotiations, noted, the committee is afraid to go to Gaza because it has neither the tools nor the funds to solve the problems people will face.