Activity under preparation Forests for Biodiversity, Climate and Peace in Colombia Colombia is the second most biodiverse country in the world, with high forest coverage (52% of land areas), home to an important part of the country¿s biodiversity. At the same time, in 2020, Colombia was one of the five countries with the highest loss of primary forest. The CO2 emissions of the AFOLU sector of Colombia represent 55% of all national emissions, to which the loss of forest cover is a major contributor.While the Colombian forestry sector¿s current contribution to GDP is low, there are many potential actions, based on the concept of forests as an asset, to avoid deforestation and forest degradation and prevent the expansion of the agricultural frontier (the major driver of land use change, frequently fuelled by illegal economies): protected areas, non-timber forest product valorisation compatibles with forest conservation, Payments for Environmental Services, sustainable and regulated extraction, forest plantations, agroforestry.The Action ¿Forests for Biodiversity, Climate and Peace in Colombia¿ aims to support the country¿s efforts to reduce emissions and biodiversity loss from deforestation and forest degradation in support to the Colombian sectoral policies. It will also improve livelihoods and the stabilisation of the agricultural frontier, providing decent jobs and incomes to communities most affected by conflict, with a particular focus on women, youth and ethnic communities.The action´s objectives will be achieved by:1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Promoting bio-economy, sustainable forest management and the forest economic sector2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Supporting reforestation and agroforestry models and scale-up sustainable forest value chains.3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Enhancing the protection of critical forests ecosystems in National Natural Parks and their buffers zones.Forests had an important role during the internal conflict, as a host and victim of coca expansion, staging areas for guerrillas, and victim of deforestation and land grabbing. By fighting against deforestation, bringing licit economic opportunities and supporting civilian State presence in these areas, this action will also contribute positively to the implementation of the Peace Agreement and, in particular, the chapter one ¿Comprehensive Rural Reform¿.The Action will also support Colombia's commitments to gender equality, as outlined in the updated National Determined Contributions, the CONPES 4080 on Gender Equity for Women and indicators on gender equity of the Comprehensive Rural Reform of the Peace Agreement.