The 2024 Lebanon war began on 8 October 2023. This report presents comprehensive analysis of its immediate impacts and far-reaching consequences. The analysis is intended to inform the country’s immediate recovery plan and guide longer-term reform efforts to address the structural challenges Lebanon is facing. The report explores the impacts of the war on various sectors, from the physical damage incurred to infrastructure and economic systems, to the profound human and social costs. It also assesses the broader macroeconomic effects of the conflict, highlighting how existing challenges have been exacerbated, resulting in deepened vulnerabilities across multiple dimensions of society and the economy. The report provides short-, medium- and long-term policy recommendations to serve as foundations for recovery efforts.