Rebuilding Gaza will require a collective effort and substantial financial resources: according to official estimates from the EU, the UN, and the World Bank, the cost of the Strip’s recovery from the devastation wrought by the Israeli military offensive in response to the Hamas-led attacks of October 2023 amounts to $71.4 billion over the next decade. Even more challenging will be restoring human capabilities and dignity: the damage assessment estimates that human development has regressed 77 years due to the setbacks caused by the conflict in terms of living conditions, livelihoods and income, food security, gender equality, and social inclusion.
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