diff --git a/CMakeLists.txt b/CMakeLists.txt
index 4c8357b64..aed1a0af8 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -475,7 +475,15 @@ set(FCFLAGS "${CMAKE_Fortran_FLAGS} ${CMAKE_Fortran_FLAGS_${CMAKE_BUILD_TYPE}}")
 set(LDFLAGS "${CMAKE_SHARED_LINKER_FLAGS} ${CMAKE_SHARED_LINKER_FLAGS_${CMAKE_BUILD_TYPE}}")
 
 set(VERSION ${PROJECT_VERSION})
-#set(LIBS ?)
+
+# TODO: If FMS depends on a library that is built as a static library, it
+#       should be listed here as an ldflag.
+set(LIBS "")
+
+if(NOT ${NetCDF_Fortran_LIBRARY_SHARED})
+  # autotools: Libs.private: -lnetcdff -lnetcdf
+  string(APPEND LIBS ${NetCDF_Fortran_LIBRARIES})
+endif()
 
 configure_file(${CMAKE_CURRENT_SOURCE_DIR}/FMS.pc.in
                ${CMAKE_CURRENT_BINARY_DIR}/FMS.pc @ONLY)