Key Developments
On 20 July 2026, the Minister for Foreign Affairs said Australia would fund Palestinian recovery and institution-building. On 21 July 2026, the Netherlands Ministry of Foreign Affairs said it would bar goods from unlawful Israeli settlements from the Dutch market.
Key Statistics
- $15 million in Australian support for the UN Horizon Fund
- $10 million in Australian support for the World Bank Palestinian Fund for Reconstruction and Development
- $80 million in total international contributions cited by Australia for Palestinian recovery efforts
- $57.8 million in historical pledges announced for the UN Horizon Fund by participating governments
- €883.6 million in historical international financial support coordinated through the EU Team Gaza Initiative
Main Body
On 20 July 2026, the Minister for Foreign Affairs announced Australian funding for Palestinian recovery, governance reform and peacebuilding, while on 21 July 2026 the Netherlands Ministry of Foreign Affairs announced measures to keep goods from unlawful Israeli settlements out of the Dutch market.
The Minister for Foreign Affairs said Australia would provide $15 million to the UN Horizon Fund and $10 million to the World Bank’s Palestinian Fund for Reconstruction and Development. The Netherlands Ministry of Foreign Affairs said its ban would cover the import, purchase and sale of settlement goods and would also prohibit efforts to bypass the restrictions.
The announcements followed earlier international coordination on Gaza recovery. On 13 July 2026, HM Government said participating governments had launched the UN Horizon Fund with $57.8 million in pledges. The same week, the European Commission said the Team Gaza Initiative was coordinating €883.6 million for Palestinian early recovery and institutional support.
The measures mattered because the Minister for Foreign Affairs linked Australian funding to a two-state solution and stronger Palestinian institutions, while the Netherlands Ministry of Foreign Affairs framed its market restrictions as compliance with international legal obligations in the occupied Palestinian territories.
