Multiple reports cite a damage assessment estimating that the latest Israel–Hezbollah war has caused about US$1.3–$1.38 billion in direct building destruction in southern Lebanon. The figures come from a UN-backed study and are echoed by a Lebanese research centre. The assessments focus on direct damage to buildings, with one report stating that more than 11,000 buildings are completely destroyed. The reporting also places the conflict’s escalation in early March, when Hezbollah launches rocket fire into Israel, drawing Lebanon more fully into the broader confrontation. Beyond the scale of destruction, France 24 highlights the question of who pays for reconstruction. It notes that a proposed US–Iran deal includes an idea for a $300 billion reconstruction fund for Iran, but says Lebanon’s reconstruction is not mentioned in the reported 14-point agreement. Across the sources, the central point remains the same: direct building damage in southern Lebanon is estimated at roughly $1.38 billion, while financial responsibility for rebuilding remains unresolved.