Nature-based solutions are cost-effective interventions that provide environmental, social, and economic benefits and build resilience. This report highlights the challenges involved in financing nature-based projects and draws on the European Investment Bank’s experience in implementing the Natural Capital Financing Facility pilot programme in Europe and interviews with key players across the field. The analysis looks at nature-based solutions across six ecosystems and landscapes. The in-depth report also presents key recommendations on how to attract much-needed private investment, including the establishment of a range of funding and financing mechanisms, as well legislative solutions to facilitate cooperation among public entities and co-financing. Investing in nature-based solutions: State-of-play and way forward for public and private financial measures in Europe, was produced for the European Commission’s Directorate-General for Research and Innovation by the European Investment Bank’s Innovation & Digital Finance Advisory division.