The Benefit Sharing Plan (BSP)

The Benefit Sharing Plan (BSP) under a REDD+ programme elaborates an equitable benefit sharing mechanism designed to effectively distribute both carbon and non-carbon benefits generated under the programme. It identifies the various beneficiaries, their eligibility criteria, and their respective roles and responsibilities, while specifying the scale and modalities for distribution.
The BSP further describes the types of benefits to be transferred to beneficiaries, the timing of distribution, and the conditions that must be satisfied prior to payment. It also outlines the appropriate indicators for monitoring, measuring, and verifying compliance with the established modalities for distributing benefits to all eligible beneficiaries.