In 2016 the Landscape Finance Lab was established within WWF to support sustainable landscape programmes. In June 2021 the Lab became an independent non-profit, with partners and stakeholders around the globe. In this report we review the critical 2021-2022 period of our launch as a new global conservation start-up and set out our strategic ambitions going forward. Inside you'll find finance, landscape, and learning team highlights, as well as an overview of our ever-evolving methodology and incubation model, and our service and training offer.