Rebuilding homes in Gaza will cost $40bn and take 16 years, UN finds

Rebuilding homes in Gaza will cost $40bn and take 16 years, UN finds

Agency pushing to raise funds as research shows 44 years of development in health and education could be erased by the war

Rebuilding homes in Gaza destroyed during Israel’s seven-month military offensive could take until 2040 in the most optimistic scenario, with total reconstruction across the territory costing as much as $40bn (£32bn), according to United Nations experts.

An assessment, which is to be published by the UN Development Programme as part of a push to raise funds for early planning for the rehabilitation of Gaza, has also found that the conflict may reduce levels of health, education and wealth in the territory to those of 1980, wiping out 44 years of development.

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