Benefit-sharing mechanism
Definition
The principles, model and processes developed and applied to distribute benefits, both direct and indirect, of project activities, including project funding, between different participants and stakeholders.
Source
Glossary. "Plan Vivo Standard 2012 Draft for Consultation". 2012
Alternative definition
The commitment to channel some kind of returns, whether monetary or non-monetary, back to the range of designated participants; for example sharing of benefits arising from sustainable wildlife management.
Alternative source
SOFO, FAO, 2014 (MJ677).
