PARIS: Six months after donors pledged billions for devastated Gaza, only a quarter of the funds have materialised and not one destroyed home has been rebuilt, a coalition of aid groups said in a report Monday.

The report, "Charting a New Course: Overcoming the Stalemate in Gaza", warns that further conflict is likely unless the world takes a fresh approach to the battered Palestinian enclave, by releasing the promised funds, pushing for a permanent ceasefire and pressuring Israel to end its nine-year blockade.

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