Abstract This chapter examines different models and examples of benefit sharing to explore how article 14 of the BBNJ Agreement may be implemented in practice. It describes monetary and non-monetary benefits, as differentiated in the BBNJ Agreement, and considers the different modalities that may be employed for their distribution. Special attention is given to existing access and benefit sharing (ABS) frameworks to highlight possibilities for streamlining and alignment. A focus is placed on approaches to strengthen the capacity of low- and middle-income countries and enhance the conservation and sustainable use of biodiversity of areas beyond national jurisdiction.