The Decree 8.576/2015, which established the National REDD+ Committee determined that the Committee will be responsible for defining guidelines, rules and criteria for:
c) The use of funds raised from results-based payments to eligible entities.
The Committee operates with support from Thematic Advisory Board on Fundraising and Distribution of Non Repayable Resources, which is composed of representatives and experts from civil society and public and private entities. This Thematic Advisory Board assists the National REDD+ Committee in defining the guidelines for the distribution of benefits associated with the use of funds raised with REDD+ results-based payments. It also covers issues related to fundraising for REDD+ results-based payments.
The National REDD+ Committee defines the guidelines for investing the raised funds, taking into account the goal of expanding the implementation of REDD+ nationally. This will allow REDD+ resources to support initiatives to combat deforestation and forest degradation, as well as sustainable forest management, conservation and enhancement of forest carbon stocks and fostering sustainable development at the national level, while generating social and biodiversity conservation related benefits.
The principle of equity should guide the discussions on the distribution of REDD+ resources, to assure that the benefits are fairly distributed among key actors that contribute or may contribute to REDD+ actions and results. The distribution must be inclusive and benefiting governmental and non-governmental entities, indigenous peoples, traditional communities, smallholders, and gatherers, among others.
This fits into the context of the implementation of the Forest Code and having REDD+ as means for the implementation of Brazil's Nationally Determined Contribution (NDC). This will require large-scale forest recovery and reforestation, which, in turn, will require the structuring of a forest industry to support such activities. In order to maximize benefits and to respect the REDD+ safeguards, the basis for structuring this industry should take into account respect for sustainability and social mobility principles. Another important issue to be considered is the creation of economic instruments to foster forest recovery and conservation of forest areas of high relevance for climate change mitigation and biodiversity conservation.