"Peace Board", in competition with the UN? - Analysis of "Politico"/Trump: Strengthens the United Nations. Rama: Helps wake it up

The first meeting of Donald Trump's Peace Council on Thursday was packed with intense discussions for the president but light on other details, as a small group of member countries offered big financial commitments and said they would defer to the White House on rebuilding Gaza.
According to an analysis by Politico, about 20 member countries that have signed up to Trump's new venture announced more than $6.5 billion in financial pledges after a 47-minute speech by President Trump, who insisted that the new effort will work with, and not against, the United Nations.
Declaring it “the most prestigious board ever created,” Trump announced a $10 billion financial commitment from the U.S. and promised that the board’s work would “strengthen the United Nations.” But in the same comments, he said the board would “almost oversee the United Nations and make sure it’s functioning properly.”
Although the board's first meeting seemed to have the hallmarks of another Trump vanity project, the commitments from several members to rebuild Gaza were concrete. The financial commitments include $1.2 billion from the United Arab Emirates and $1 billion from Saudi Arabia. The World Bank will manage the donations and distribute them under the direction of the Peace Board, said Ajay Banga, the bank's president.
An administration official later clarified that the US $10 billion commitment was part of a 10-year reconstruction plan, "which we will work on in cooperation with Congress."
The initial investment of about $1.25 billion will go toward munitions clearance, temporary shelter, security, medical supplies and other needs, the official said. Also, at least five countries have committed troops to a new stabilization force for Gaza, and 2,000 people have applied to join a new Palestinian police force. The recovery will cost about $53 billion, according to a report published by the World Bank, the UN and the European Union.
Trump promised on Thursday that he would help the UN, "financially," adding that "we will make sure that the United Nations is sustainable."
"Many say that the Peace Board aims to replace the United Nations, but to me it does not seem like an attempt to replace the UN, but if it helps shake that giant in agony and, God willing, wake it up, then, God bless the Peace Board," said Albanian Prime Minister Edi Rama.
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