On January 22, 2026, Donald Trump formally launched the Board of Peace during a high-stakes signing ceremony at the World Economic Forum in Davos, Switzerland, framing it as a private-sector-led alternative to the United Nations.
“Greatest and Most Prestigious Board ever assembled“
On January 15, 2026, US President Donald Trump announced the formation of the Board of Peace on Truth Social, calling it the “Greatest and Most Prestigious Board ever assembled” and remarked during a White House Briefing that it “might replace the UN”.
Trump first proposes the Board of Peace as a “transitional body” to oversee a 20-point peace and reconstruction plan for the Gaza Strip. The US reported sent invitations to approximately 50 to 60 countries.
On January 22, 2026, Trump hosts a signing ceremony at the World Economic Forum in Davos. He signed the founding charter alongside representatives from 19 to 35 signatory countries. Originally conceived to oversee the post-war reconstruction of Gaza, its mandate has expanded to address global conflict resolution.
Trump chairman for life
Donald Trump is explicitly named in the charter as the inaugural chairman. He holds this position independently of his US presidency and can only be removed through voluntary resignation or a unanimous vote of incapacity by the Executive Board. Trump holds “exclusive authority” to create or dissolve subsidiary entities and can veto any decision made by member states.
A seven-member body tasked with day-to-day operations and fund management. Appointed members include: Marco Rubio (US Secretary of State), Jared Kushner (Trump’s son-in-law), Steve Witkoff (US Special Envoy), Tony Blair (Former UK Prime Minister), Ajay Banga (World Bank President), Marc Rowan (CEO of Apollo Global Management), Robert Gabriel (National Security Adviser).
$1billion Fee for Permanent Seat
Countries can secure a permanent seat by contributing $1 billion in cash within the first year of the charter. Countries not paying the fee serve three-year terms.
Approximately 20 to 35 countries have signed or committed to joining, including Saudi Arabia, Israel, Turkey, Egypt, Qatar, Argentina, Hungary, and Vietnam. Trump publicly withdraws Canada’s invitation following Prime Minister Mark Carney’s speech at Davos, which criticized “powerful nations” using tariffs as leverage.
The UK, France, and Germany formally decline to join, citing concerns over international law and the board’s potential to undermine the United Nations. Vladimir Putin states Russia is willing to pay the $1billion fee for a permanent seat, but only if the US unfreezes Russian assets.
‘New Gaza’ reconstruction under board supervision
Following the formal signing of the board’s charter, Jared Kushner presented architectural mock-ups of “New Gaza,” featuring high-rise towers, industrial parks, and “coastal tourism” zones. The reconstruction of the Gaza Strip would be carried out under the direct supervision of the Board of Peace.
A new technocratic committee of Palestinians would be responsible for overseeing the demilitarization of Hamas, which he called a non-negotiable prerequisite for the rebuilding.
The BoP estimates that at least $25billion (with some estimates up to $40billion) will be required for the project, to be funded by international donors and the membership fees of BoP countries.
While the UN mandate was for Gaza, the final BoP charter makes no direct mention of Gaza, instead establishing itself as a global conflict-resolution body under Trump’s personal chairmanship. The final charter also makes no direct mention of Gaza or Palestine/Israel.
Read more:
US unveils plans for ‘New Gaza’ at Davos
Trump brokers multi-phase Gaza Ceasefire
