G7 Pre-Summit Israeli-Palestinian Peace Conference
Analysis based on 31 articles · First reported Apr 20, 2026 · Last updated Jun 16, 2026
The launch of the International Fund for Israeli-Palestinian Peace by Canada, the United Kingdom, and Australia, along with the European Union's investment, signals increased financial support for peacebuilding, potentially boosting the stability and long-term economic prospects of the region. However, the continued expansion of settlements by Israel and its government's opposition to a Palestinian state, coupled with the non-attendance of Israel and the United States at the peace conference, indicate persistent geopolitical risks that could deter investment and maintain market uncertainty in the Middle East.
A pre-G7 Summit conference was convened in Évian, France, by French Foreign Minister Jean-Noël Barrot, bringing together diplomats and 150 Israeli and Palestinian civil society leaders. The conference, organized in partnership with the Alliance for Middle East Peace, aimed to develop concrete actions for peace in the Middle East, resulting in 'The Paris Call 2026'—a policy framework with comprehensive recommendations. Key announcements included the launch of a new International Fund for Israeli-Palestinian Peace by the United Kingdom, Canada, and Australia, and an additional $100 million in humanitarian aid to Gaza from Canada. The European Union also highlighted its €18 million investment in civil society peacebuilding. The proposals, which include calls for a permanent ceasefire, a halt to settlements, Gaza reconstruction, and stronger international backing for civil society, will be presented to G7 leaders. Despite these efforts, Israel and the United States declined to attend the meeting, and Israel's government, led by Prime Minister Benjamin Netanyahu, continues to expand settlements, undermining prospects for a two-state solution.
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