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Examining the efficacy of current assessment methodologies for forest conservation and restoration initiatives to align with global and national agendas to combat deforestation and facilitate restoration efforts is necessary to identify efficient and robust approaches. The objective of this study is to understand forest dynamics (1996–2021) and assess restoration implementations at the Urra's supplying basin hydroelectric reservoir in Colombia. The processing approach integrates optical and radar Earth Observation (EO) data from Sentinel-2 and Landsat for forest mapping and multi-temporal forest change assessment (1996–2021), and a Sentinel-1 backscatter time-series analysis is conducted to assess the state of forest restoration implementations. The processing chain was scaled in a cloud-based environment using the Nebari and SEPPO software and the Python language. The results demonstrate an overall substantial decrease in forested areas in the 1996–2000 period (37,763 ha). An accuracy assessment of multi-temporal forest change maps showed a high precision in detecting deforestation events, while improvements are necessary for accurately representing non-forested areas. The forest restoration assessment suggests that the majority of the 270 evaluated plots are in the intermediate growth state (82.96%) compared to the reference data. This study underscores the need for robust and continuous monitoring systems that integrate ground truth data with EO techniques for enhanced accuracy and effectiveness in forest restoration and conservation endeavors. [ABSTRACT FROM AUTHOR]