According to a United Nations report on Wednesday, rebuilding war-torn Gaza and addressing the "humanitarian catastrophe" in the region will require an estimated $53 billion. The report, cited by Al Jazeera, states that $20 billion is needed in the first three years alone. UN Secretary-General António Guterres emphasized the urgency of restoring Gaza’s infrastructure, as nearly 85% of Palestinians in the enclave have been displaced, with 60% of buildings damaged or destroyed. The Israeli offensive has resulted in over 48,000 deaths, with more than 13,000 people missing.