On January 22, 2026, former President Donald Trump officially launched the 'Board of Peace' at the World Economic Forum in Davos. Initially aimed at overseeing Gaza's reconstruction post-conflict, the board's remit has expanded to address global conflicts. Trump will chair the board for life, with membership requiring a $1 billion fee for permanent status. The initiative has drawn mixed international reactions, with some countries joining and others, including key European allies, declining over concerns it may undermine the United Nations.