Trump's 'Board of Peace' Sparks Global Debate: A UN Rival?

• Donald Trump unveiled a 'Board of Peace' (BoP) at WEF 2026, positioning it as a new international organization with a $1 billion permanent membership fee and Trump as lifetime Chairman.
• Initially conceived for Gaza's reconstruction, the BoP's charter has expanded to a global mandate, notably omitting direct mention of Gaza despite its origins, and lacks Palestinian representation.
• Critics, including Brazilian President Lula da Silva, view the BoP as Trump's attempt to create a rival to the United Nations, especially after the US withdrew from numerous UN-linked bodies.
• The BoP's formation coincides with Republican efforts to shift financial and tech capitals within the US, targeting Democratic strongholds like New York and San Francisco.
• Jared Kushner outlined development plans for Gaza under the BoP, focusing on 'free market principles' and new housing units, without mentioning a Palestinian state.

Why It Matters: Trump's 'Board of Peace' aims to reshape global governance and economic opportunities, potentially sidelining the UN.