International Development and Sustainability
Benefit-sharing refers to the process of distributing the advantages derived from resources, particularly those of biological and genetic nature, among stakeholders, including local communities and indigenous peoples. This concept emphasizes fairness and equity in the allocation of benefits, ensuring that those who contribute to the conservation and sustainable use of resources receive a share of the profits or advantages generated. It is crucial in contexts where resource conflicts may arise and highlights ethical considerations in development practices.
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