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Oxfam Estimates $71.4B for Gaza Reconstruction
A joint report by Oxfam highlighted the significant extent of damage inflicted on Gaza, estimating that the reconstruction process will require $71.4 billion. This amount is seven times the total cost of all major wars in the Gaza Strip over the past twenty years. The report also indicated that the losses and damages caused by the war amounted to $57.9 billion, and that recovery and rebuilding will take an entire decade. It emphasized the need for Palestinian leadership to spearhead the reconstruction efforts and hold Israel accountable for their actions, warning that any externally imposed model may fail. Analyses revealed that Gaza's ongoing crises are due to the blockade, restrictions, and lack of funding. These issues were exacerbated by the recent war, which destroyed previous reconstruction efforts, resulting in the death of over 73,000 people, injuries to 173,000, displacement of 1.9 million, and a sharp decline in human development indicators. The conflict also led to the destruction of social infrastructure such as schools, libraries, and care systems, contamination of agricultural lands, increased suffering among women and people with disabilities, environmental degradation, and depletion of water resources.
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