A new report on market conditions and financing for nature-based solutions aims to strengthen policy development and public discussion on how private investment can be mobilised to accelerate climate action in Iceland. The report places particular emphasis on afforestation, wetland restoration and related land-use initiatives. According to the authors, closer coordination between public authorities and private actors is essential to significantly scale up nature-based climate action in support of Iceland’s national climate targets under the Paris Agreement, as well as the climate transition efforts of Icelandic companies.