Breaking Update: Here’s a clear explanation of the latest developments related to Breaking News:Trump hails ‘Board of Peace’, announces over $5 billion pledged by member states for Gaza aid | World News– What Just Happened and why it matters right now.
US President Donald Trump on Sunday hailed his newly formed initiative, the “Board of Peace”, describing it as his self-designed effort to advance global peace negotiations. Boasting of his role as chairman, Trump said the body has “unlimited potential” and asserted that his vision for ending the conflict in Gaza was “unanimously adopted by the United Nations Security Council.” He also announced that member states have pledged more than $5 billion for humanitarian aid and reconstruction in Gaza.In a lengthy post on his platform Truth Social, Trump said the board had facilitated humanitarian aid “at record speed” and secured the release of all hostages, both living and deceased. He added that last month, “two dozen distinguished founding members joined me in Davos, Switzerland, to celebrate its official formation, and present a bold vision for the civilians in Gaza, and then, ultimately, far beyond Gaza — world peace!”
Trump also announced that he will be joined by board members at the Donald J. Trump Institute of Peace in Washington, D.C., on February 19 where he expects to declare that member states have pledged “more than $5 billion towards the Gaza humanitarian and reconstruction efforts.”He said thousands of personnel have committed to the International Stabilization Force and local police “to maintain security and peace for Gazans.” Emphasizing that “Hamas must uphold its commitment to full and immediate demilitarisation,” the US President described the Board of Peace as “the most consequential international body in history” and said “it is my honour to serve as its chairman.”According to Trump’s 20‑point plan, first announced in September and paving the way for the current ceasefire, the Board of Peace “will set the framework and handle the funding for the redevelopment of Gaza.”The plan, which was later endorsed by the UN Security Council under Resolution 2803 in November 2025, envisions a multinational International Stabilization Force being deployed once Hamas lays down its weapons and a transitional Palestinian governance committee overseen by the board takes over day‑to‑day administration of the enclave.More than 20 countries have reportedly joined the Board of Peace, and Donald Trump will serve as its chairman., the New York Times reported.According to AFP, while the US president has repeatedly characterised the initiative as a major milestone in his foreign policy agenda to restore long sought peace in the region, its creation and structure have drawn broad international scrutiny. Some Western allies had declined to join or expressed caution about its governance model.Critics note that Hamas has historically resisted disarmament, calling it a red line in negotiations even while signalling possible conditional cooperation with a future Palestinian authority.