US President Donald Trump has launched his pet project the "board of peace" a body for resolving international conflicts - at a cost of a billion dollars each if they want to be permanent members.
The board was originally conceived to oversee the rebuilding of Gaza. But a draft of the charter does not appear to limit its role to the Palestinian territory.
On a stage in Davos on Thursday, Trump hailed a "very exciting day, long in the making" as he invited leaders to sign the organisation's charter.
Trump is set to become the inaugural chairman of the board - a position he can hold for life, under the plans.
The new body is taking shape in the aftermath of US military strikes on Venezuela and the president's threats to take control of Greenland and intervene in Iran.
So? What is the Board of Peace?
President Trump first proposed the idea in September when he announced his plan to end the war in Gaza.
He has since said that its remit will be expanded beyond Gaza to tackle other global conflicts and promote peace around the world.
The Board of Peace's charter reportedly says its chairman, President Trump, will have extensive executive power, including the ability to veto decisions and remove members, subject to some constraints.
The White House has picked Secretary of State Marco Rubio, special envoy Steve Witkoff and President Trump's son-in-law Jared Kushner, as well as former British prime minister Tony Blair, as members of the initiative's founding executive board.
Questions about what the Board of Peace's remit will be, and how it will work, remain - causing some nations to hesitate in responding to invitations.
Who is going to be on the Board of Peace?
Around 60 nations have been invited to join the Board of Peace, with some 35 agreeing to join so far, a senior Trump administration official said.
"We have a lot of great people that want to join," Trump on Wednesday as he stood next to Egyptian President Abdel-Fattah el Sissi.
"It's going to be the most prestigious board ever formed."
What about the United Nations?
This is a sticking point for a lot of world leaders.
Despite concerns and criticisms about the United Nations' effectiveness in recent years, there is not a unanimous appetite to create a body that could undermine it.
What do you think will happen? Board of peace takes over United Nations? or China & Russia will join
