Droughts are the most expensive climate disasters as they leave long-term and chronic impacts on the ecosystem, agriculture, and human society. The intensity, frequency, and duration of drought events have increased over the years and are expected to worsen in the future on a regional and planetary/global scale. Nature-based solutions (NBS) such as wetland and floodplain restorations, green infrastructures, rainwater harvesting, etc., are highlighted as effective solutions to cope with the future impacts of these events. While the role of NBS in coping with the impacts of other disasters, such as floods, has been extensively studied, there has been a lack of comprehensive review of NBS targeting drought. The following paper provides a unique critical state-of-the-art literature review of individual drought-related NBS around the world, in Europe, and particularly in Belgium, and assesses the critical differences between the NBS applied globally and in Flanders. An extensive literature review was conducted to systematically analyze NBS, listing the type, the location, the status of the implementation, and the possible recommendations proposed to optimize future NBS applications. Finally, a comparison is made between small- and large-scale applications of NBS. By analyzing all these aspects, especially the level of effectiveness and recommendations, insight was gained into the future potential of NBS and possible improvements.