World Bank Endorses U.S. Plan for Transitional Governance in Gaza at UN

The World Bank has endorsed a U.S.-drafted resolution at the United Nations Security Council to establish a transitional governance body in Gaza, marking a pivotal step in regional governance discussions.

• The United Nations Security Council is negotiating a U.S.-drafted resolution that would create a two-year mandate for a transitional governance body in the Gaza Strip.
• The proposed governance structure, termed the Board of Peace, aims to establish operational entities to address critical issues in Gaza City and surrounding areas.
• The World Bank expressed support for the resolution, emphasizing the importance of international cooperation, including input from the European Union, to ensure effective governance in the region.