The document presents a summary of the legal and institutional framework necessary for the development of REDD+ benefit-sharing mechanisms. Furthermore, it introduces lessons learned, challenges, and recommendations for the design of such mechanisms in a Peruvian context. These lessons, challenges and recommendations were compiled during the multi-stakeholder REDD+ Benefit Sharing Dialogue, coordinated by The Forests Dialogue (TFD) and the International Union for Conservation of Nature (IUCN), in Peru in March 2014.