> Offer economic opportunities for communities and local inhabitants to allow them an equitable distribution of the economic benefits derived from nature-based tourism. It would also raise consumer awareness, providing incentives for conserving the destinations' natural heritage and local culture.

> Take advantage of the country's growth in tourism to position ecotourism as one of the best possibilities for social and environmental sustainability.

> The possibility of bringing additional income to local communities by attracting tourists can increase employment formality by joining the entire sector and the benefits it can bring.

> Overexploitation of ecological systems on demand.

> Erosion due to high tourism traffic.

> Increased waste in local communities.

> Gender inequality and/or marginalization risk: Land exploitation with cultural and/or spiritual meanings for ethnic groups.

Execution risk: > Complex relationship between operators and minority communities for the development of the productive value chain and benefit-sharing > Poor access, quality accommodation, communications infrastructure, and difficulty to obtaining tourist infrastructure development permits what promotes informality in the sector > Guarantee that there are no environmental impacts in the project's execution, even with an incoming and outgoing flow of tourists.

Stakeholder participation risk: > There is a risk that large operators will take the benefits that could be for the local community, which would not contribute to their economy but to the enrichment of large companies.

Drop off risk: > Some communities may agree to develop infrastructure to serve tourism. However, some actors may oppose, making the communities unable to continue with the service, despite investments that have been made.

External risk: > Shortage of skilled, trained, and qualified bilingual professionals that attend the international demand. > Difficulties in the national infrastructure for access and security of the sites that can provide ecotourism services.

Unexpected impact risk: > Weather conditions that hinder infrastructure or internet transmission. For example, strong winds or other natural disasters that damage the connection. > Climatic conditions that may impede ecotourism services, such as natural disasters or extreme weather conditions.

Gender inequality and/or marginalization risk: > There are small communities that may need help in the education of sustainable practices to develop ecotourism practices. There may also be indigenous communities that oppose the entry of a high flow of tourists.

This initiative intends to reduce negative impact of tourism on the enviroment and increase sustainable income for different communities.

(National Development Plan): Promote tourism by generating the conditions to strengthen destinations and offerings, investing in better infrastructure and connectivity, and increasing business development and human capital skills for competitive tourism (23).

(Tourism Sector Plan (2018 – 2020)): Defines the guidelines to improve Colombia's tourism competitiveness based on productivity strengthening, value generation, and co-responsibility among stakeholders improved positioning in national and international markets (26).

(Action Plan of the National Policy for Management of Biodiversity and its Ecosystem Services & Strategy to Control Deforestation and Forest Management): Designes an Action Plan and Strategy by the MinAmbiente with support from UNDP, UN Environment, and FAO. They aim at caring for biodiversity hand in hand with economic development, knowledge, and risk management, which encompasses ecotourism services (29).

Financial incentives: Triodos Bank has operations in LatAm and has financed several agro-tourism and ecotourism projects. Others have followed in his footsteps, such as Oikocredit (8 countries) and Grameen Bank (35). Inversor is currently financing Waya, a hotel that promotes tourism development and generates a sustainable economic dynamic different from mining. It also integrates local communities within its value chain as suppliers (18).

Fiscal incentives: With the Financing Law (1943 of 2018), there is a preferential rent of 9% that offers advantages to ecotourism, agrotourism, and nautical docks projects (34).

Other incentives: Intending to promote tourism, since 2018 Colombian government has invested USD$ 182M for 30 tourism infrastructure projects (25).

(Law 1943 of 2018): The Financing Law provides incentives to new and remodeled hotel establishments, allowing them for a tax income reduction of 9%, not be subject to wealth tax, nor to the payment of presumptive income. It also excluded from VAT the air transport service for nature tourism hotspots such as La Guajira, Nuquí, Mompox, and Tolú (24).

(Decree 2811 of 1974): Establishes the National Code of Renewable Natural Resources and Protection of the Environment is issued, defining the preservation and management of these (30).

(Resolution 0118 of 2005): Establishes technical criteria of the different ecotourism activities or services are established to be considered within the tax benefits (31).

(CONPES 3296 OF 2004): establishes the guidelines for private participation in ecotourism services in the National Natural Parks of Colombia, which are given as concession contracts (32).

Awake Travel, a market and experience platform that connects nature travelers with local hosts in remote and rural destinations, raised a Series A investment led by Fundación Bancolombia and Fondo Accion and expects to sell USD$ 300k/month in Jan 2021 despite Covid-19 (27).

Colciencias had a call to contribute to the generation of new knowledge and strengthen capacities in science, technology, and innovation in marine science.

The World Bank, IFC, and IDB have preferential loans or grants for sustainable development and with specific units for tourism.

With the Vice Ministry of Tourism and Peace's leadership and the collaborative articulation of the Interinstitutional Table, it is expected that the ecotourism and agrotourism project proposed by the ex-FARC combatants in Guaviare can be consolidated and implemented natural routes in the department (32).