EU Advances Gaza Peace Plan and Early Recovery Projects at UN General Assembly
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The launch of early recovery projects and funding arrangements in Gaza could affect humanitarian logistics, infrastructure rebuilding, and stabilization in the region. For companies operating in the Middle East or involved in reconstruction supply chains, changes in the project pipeline and access arrangements are wor…
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- European Commission Press CornerEU Advances Gaza Peace Plan and Early Recovery Projects at UN General Assembly
At a high-level briefing during the UN General Assembly, the European Commission said the EU is committed to implementing the Gaza Peace Plan under UN Security Council Resolution 2803. Through the Team Gaza Initiative with 16 international partners, the EU has gathered around $1 billion for early recovery in Gaza and signed its first two projects: a solid waste management project with UNDP and a water and sanitation project with UNICEF, totaling $50 million. The EU stressed the need to coordinate with Israel to ensure greater access to the Strip for projects, humanitarian aid, and the international Stabilisation Force.