July 23, 2026 - Rebuilding Gaza will cost seven times more than all previous rebuilding efforts in Gaza combined in the last two decades, according to a new joint Oxfam report.
The devastation from more than two years of war has killed at least 73,000 Palestinians, injured 173,000 and displaced 1.9 million. It has left the Gaza Strip needing an estimated $71.4bn to recover, according to the UN-EU-World Bank Rapid Damage and Needs Assessment (RDNA) released in April.
Human development has been set back by 77 years according to the new report by Oxfam, the Palestine Economic Policy Research Institute (MAS) and the Palestine Trade Centre (PalTrade), which asserts that the rebuilding of Gaza cannot move forward without direct Palestinian involvement.
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