Official Development Assistance (ODA) from European countries and the EU institutions has been a large and important source of grant funding for international peacebuilding over the last twenty years. It will continue to be an important source of funding for international peacebuilding in the likely absence of comparable other sources of financing for the next twenty years. Yet competition for allocation of public funds is fierce in the wake of the economic and social disruption caused by the pandemic, an ongoing global climate crisis, significant inflationary pressures, and an impending economic recession as well as fallout from the war in Ukraine.