The 2014 Global Peace Index ranks Europe as the world’s most peaceful region. But despite this ranking, Europe is not devoid of conflict and risks to peace. From Europe’s fragile peace processes to ‘frozen conflicts’, from the role of the European Union (EU) to the active peacebuilding role of European actors (both governmental and non-governmental) outside Europe, there are challenges and opportunities to consider that are in or emanating from this continent. The current crisis in Ukraine has brought the need for peacebuilding closer to the heart of Europe. The paper also highlights that the extent to which Europe-based actors are affecting the dynamics of conflicts outside Europe should also be a greater concern for peacebuilders.