More than $53 billion will be required to rebuild Gaza and end the "humanitarian catastrophe" that has gripped the war-ravaged territory, including $20 billion in the first three years, according to a United Nations estimate released Tuesday.
"While it has not been possible in the current environment to fully assess the totality of needs that will be required in Gaza, the interim assessment offers an early indication of the enormous scale of recovery and reconstruction needs in the Gaza Strip," UN Secretary-General Antonio Guterres said in a report.
The Gaza war has been paused since mid-January under the ceasefire agreement between Israel and Hamas that was brokered by Qatar, Egypt and the United States.
More than 48,000 Palestinians have been killed in the last 16 months, the Gaza health ministry says, and nearly all of Gaza's population has been internally displaced by the conflict, which has caused a hunger crisis.
Some 1,200 people were killed in the October 7, 2023 Hamas-led attack on southern Israeli communities and about 250 were taken to Gaza as hostages, Israeli tallies show.