Gaza Rebuilding Costs Estimated at $70 Billion as Israeli War Leaves Devastation

Strategic Insights -

The Israeli war on the Gaza Strip has left a trail of destruction, with the United Nations Development Programme (UNDP) estimating the cost of rebuilding the territory at approximately $70 billion. The massive destruction resulted in 425,000 housing units being damaged or completely destroyed, while 84% of Gaza's buildings were affected to varying degrees. The war also left behind approximately 55 million tons of debris, making the reconstruction process long and complex. The UNDP requires approximately $20 billion over the next two years to begin the reconstruction process, with several countries expressing their willingness to contribute to funding efforts.

Key Takeaways:

  • The Israeli war on the Gaza Strip resulted in the destruction of approximately 425,000 housing units, with 84% of Gaza's buildings affected to varying degrees.
  • The UNDP estimated the cost of rebuilding the Gaza Strip at approximately $70 billion.
  • The war left behind approximately 55 million tons of debris, making the reconstruction process long and complex.
  • The UNDP requires approximately $20 billion over the next two years to begin the reconstruction process.
  • Thousands of Palestinian civilians are still missing, with 67,869 confirmed deaths and 170,105 others injured.
  • The majority of the deaths were children and women.
  • American and European support for Israel has enabled the Israeli army to commit crimes of genocide, siege, and starvation in the Gaza Strip since October 7, 2023.

Statistics:

  • 425,000 housing units were damaged or completely destroyed in the Gaza Strip.
  • 84% of Gaza's buildings were affected to varying degrees.
  • The estimated cost of rebuilding the Gaza Strip is approximately $70 billion.
  • The UNDP requires approximately $20 billion over the next two years to begin the reconstruction process.
  • 55 million tons of debris were left behind in the Gaza Strip.
  • 67,869 Palestinian civilians were killed in the Israeli war on the Gaza Strip.
  • 170,105 others were injured.
  • The majority of the deaths were children and women.

Sources:

  • United Nations Development Programme (UNDP)
  • Sabanews.net (cited as Sabanews.net 1999 - 2022)