Multiple studies have shown that higher numbers of natural disasters, such as hydro-meteorological risks, have been recorded in the past and are furthermore predicted to increase into the future. The continuous changing climate has led to increasing pressure that is put on the environment as well as on human society. Due to these developments, effective tools and sustainable methods for flood risk management are becoming more significant. ‘Nature-based solutions’ have been increasing in their popularity due to their functionality towards reducing flood risk while providing a wide range of co-benefits to nature and human well-being. The procedure of an efficient planning and selection of NBS represents a complex process that requires the involvement of multiple stakeholders. Measures need to be evaluated taking into account their multiple benefits in addition to their primary function of flood risk reduction as well as specific local requirements. In this research, a novel method for involving stakeholders in the selection and evaluation process of NBS is presented and applied to the case study in the Kolubara River Basin in Serbia. The evaluation included a broad range of indicators such as risk reduction, water quality, and environmental, social, and economic aspects. Information about characteristics and challenges in the area was gathered, which represented a foundation for the pre-selection of NBS measures. An existing evaluation framework from the project RECONECT was used and adjusted in order to test how to include stakeholder input within the method. The whole process can be seen as a test-phase of the measure selection and will help decision-makers in the selecting and planning of NBS implementations. The case study area showed present hazards in form of torrential and fluvial flooding in various locations within the basin, having major impacts on urbanised and agricultural areas as well as on mining facilities. Through the pre-selection process, 11 NBS measures were selected based on local conditions and evaluated through MultiCriteria Analysis (MCA), including the input of local stakeholders. Outcomes showed the measure floodplain excavation/restoration as a suitable solution, due to a good performance of reducing flood risk and benefits in environmental aspects, such as improving water quality of surface and groundwater. Additionally, retention and detention ponds were found to be a valuable solution. An implementation could improve the storing capacity for discharged water in flood prone areas and create recreational benefits. Also solutions, like deepening of water bodies and removing of obstacles were seen to be potentially suitable, having a positive impact on the flow capacity of the river. In order to address the problem from a wider perspective, a decentralized placement of multiple selected measures throughout the basin should be considered. Additionally, it was suggested to consider the combination of green and grey infrastructure (hybrid solutions) in order to aim for higher efficiency. The stakeholder involvement was seen as a very important part within the evaluation process, in order to include local needs and understand different opinions on measure preferences. It was seen that already the involvement of two stakeholders, could lead towards different perceptions e.g. on the relevance of addressing nature and social aspects through NBS and created further discussion points. The research was seen as a test-phase of the NBS selection and evaluation process for including stakeholders, that showed the importance and also the complexity that an involvement of stakeholders brings along. The tested evaluation method is suggested to be applied with a higher number of stakeholders representing a higher diversity of backgrounds such as citizens, farmers, local industries, scientists/engineers and policy makers. Through this approach, decision makers will be able to include a broader range of relevant local needs into the process of NBS selection and giving the opportunity of knowledge exchange within the affected community.