President Donald Trump convened the inaugural meeting of his Board of Peace, announcing a USD10 billion US commitment for an initiative aimed at rebuilding Gaza and expanding diplomatic engagement in global conflicts. This comes despite the Vatican's non-participation due to concerns about the board's structure and mandate.

• Trump pledged USD10 billion from the US, stating the cost of peace is small compared to war.
• An additional USD7 billion has been committed by countries including Kazakhstan, Azerbaijan, and the United Arab Emirates for Gaza relief.
• Funds for Gaza will be managed through a reconstruction and development facility at the World Bank, overseen by President Ajay Banga.
• The Board of Peace was granted a mandate by the United Nations Security Council as part of the Trump administration’s 20-point Gaza peace plan, but Trump seeks to broaden its mission globally.
• The Vatican, through Secretary of State Cardinal Pietro Parolin, cited "critical issues" and emphasized the United Nations should remain the primary forum.