The South-Alpine Carnic Alps are part of the southern flank of the European Variscides and display a continuous sedimentary record from Late Ordovician to Devonian times followed by Carboniferous S-directed nappe stacking and Late Carboniferous to Early Permian post-collisional collapse. The tectonometamorphic and sedimentary evolution of the Carnic Alps resembles a continuous process where pre-and syn-orogenic volcanism, syn-orogenic flysch sedimentation, deformation including nappe stacking, metamorphism and tectonic collapse shift in age from internal zones in the N towards external zones in the S. New structural, petrological and sedimentological data are presented concerning the tectonometamorphic history of the Carnic Alps. We distinguish three thrust sheets or tectonic nappes differing in their stratigraphic, sedimentological, deformational and metamorphic histories which were thrust over each other in Carboniferous times. Our data lead to a new geodynamic model showing an evolution from rifting or backarc spreading in the Late Ordovician to the establishment of a mature passive continental margin in the Late Devonian/Early Carboniferous, flysch sedimentation in an active continental margin setting during the Visean/Namurian and finally collision during the Late Carboniferous between the northern margin of Gondwana and a microcontinent to the N.