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EU and UN Estimate $71 Billion Needed to Rebuild Gaza
The European Union and the United Nations have assessed the cost of rebuilding Gaza at $71 billion. This estimate includes clearing 61 million tons of debris, a process experts say could take decades. The assessment also reports that 92% of residential buildings are damaged or destroyed, affecting over 430,000 housing units.
MA
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This figure accounts for extensive damage reported in the region.
Experts stated that this clearance process alone could take decades. Over 430,000 housing units are affected.
The estimate provides context on the scale of reconstruction needed following recent conflicts in the area. Officials from the EU and UN presented these details to quantify the destruction and aid planning for international support.
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