Israeli Prime Minister Benjamin Netanyahu has said Israel will re-assess its ties with the United Nations.
The move comes after the UN Security Council adopted a resolution demanding an end to Israeli settlement building on occupied land.
The resolution, put forward by New Zealand, Malaysia, Venezuela and Senegal, was passed after the US refused to veto it, breaking with long-standing American practice.
Washington has traditionally sheltered Israel from condemnatory resolutions.
Mr Netanyahu insisted that Israel would not abide by Friday's vote.
"I instructed the Foreign Ministry to complete within a month a re-evaluation of all our contacts with the United Nations, including the Israeli funding of UN institutions and the presence of UN representatives in Israel," he said.
He described the Security Council decision as "biased and shameful", adding: "It will take time, but this decision will be annulled."
The Egyptian-drafted resolution had earlier been withdrawn after Israel asked US President-elect Donald Trump to intervene.
It demands that Israel immediately "cease all settlement activities in the occupied Palestinian territory, including East Jerusalem".
It said Jewish settlements were a "flagrant violation under international law and a major obstacle to the achievement of the two-state solution and a just, lasting and comprehensive peace".
Israel announced yesterday that its ambassadors to New Zealand and Senegal had been ordered to return for consultations and that it was cutting all aid programmes to Senegal. Israel has no diplomatic ties with Malaysia and Venezuela.
About 500,000 Jews live in about 140 settlements built since Israel's 1967 occupation of the West Bank and East Jerusalem. The settlements are considered illegal under international law, though Israel disputes this.
- BBC