DAVOS, Switzerland – Former U.S. President Donald Trump launched a new international initiative, the “Peace Board,” on Thursday, possibly creating a parallel track to traditional diplomacy led by the United Nations. The initiative, announced at the World Economic Forum in Davos, requires a $1 billion membership fee and has already drawn participation from leaders in Argentina, Hungary, and Paraguay. The move signals Trump’s continued interest in shaping global affairs and comes amid ongoing international crises in regions including Gaza,Ukraine,and Venezuela.
DAVOS, Switzerland – Former U.S. President Donald Trump unveiled his “Peace Board” on Thursday, January 22, 2026, in Davos, Switzerland, an initiative that some observers believe could challenge the role of the United Nations. The move comes as international efforts to address multiple global crises continue, and signals Trump’s renewed ambition to play a central role in international diplomacy.
The launch ceremony was attended by approximately twenty heads of state and government, including leaders from Argentina, Paraguay, and Hungary.
“These are leaders who are in favor of action,” stated U.S. Secretary of State Marco Rubio, adding that Trump “is a president of action.”
$1 Billion Membership Fee
Following a speech outlining the current situations in Gaza, Iran, Ukraine, and Venezuela, among other areas of conflict, Trump signed the document formally establishing the organization. Membership in the Peace Board comes with a significant financial commitment: a $1 billion cash payment.
Trump has extended invitations to a number of other world leaders, including Russia’s Vladimir Putin, Ukraine’s Volodimir Zelenski, Israel’s Benjamin Netanyahu, and Pope Leo XIV.
Potential for Rivalry with the UN
Trump indicated that the Peace Board intends to collaborate with the United Nations. The new body initially aims to oversee the reconstruction of Gaza following the conflict between Hamas and Israel, but its charter does not limit its scope to the Palestinian territory. This has raised concerns that Trump envisions the board as a competitor to the UN, potentially reshaping the landscape of international conflict resolution. The announcement follows Trump’s retraction of earlier threats against Greenland, the autonomous Danish territory he has previously identified as strategically important to U.S. security.
The development underscores a growing trend of alternative diplomatic initiatives outside of traditional multilateral frameworks. The Peace Board’s success will likely depend on its ability to attract sustained funding and build consensus among its diverse membership.
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