Juan Manuel Santos

He was awarded the prize for reaching a peace agreement with the Farc rebel group last month.

The deal was rejected a few days later by Colombian voters in a referendum.

About 260,000 people have been killed and more than six million internally displaced in Colombia.

"Last night, I met with my family and we have decided to donate those eight million Swedish krona ($925,000) to the victims," said Mr Santos.

The Nobel committee in Norway praised him for his peace agreement with Farc rebels, signed last month after four years of negotiations.

However, Colombians narrowly rejected the deal in a vote last weekend.

The conflict has killed about 260,000 people. More than six million have been internally displaced.

Mr Santos was selected from a list of 376 candidates - 228 were individuals and 148 were organisations. They included:

President Juan Manuel Santos on Friday congratulated his armed forces for killing cocaine warlord Victor Navarro, for whom the U.S. had been offering a $5 million bounty.

The 39-year-old man better known by his alias of Megateo died during a military raid in the historically lawless Catatumbo region near Venezuela.

Fresh off his personal appeal to the U.S. and Cuban leaders to end their half-century of estrangement, Francis issued his plea to Colombia's warring factions from Revolution Plaza at the end of his Sunday Mass. Cuba has hosted peace talks for more than two years between the Revolutionary Armed Forces of Colombia and representatives of Bogota.

Francis said the talks face a "crucial" moment.

Maduro said during a visit to Vietnam that the conspiracy has the consent of Colombia's government. He didn't present any evidence to back the claim but said he would soon.

Maduro and his Colombian counterpart Juan Manuel Santos have been trading barbs ever since last week's expulsion of more than 1,000 Colombians living illegally in Venezuela. Maduro accuses the migrants of being behind a wave of crime and smuggling along the border.

Even as the diplomats met in this Caribbean coastal resort, motorists in the Colombian city of Cucuta complained of long gas lines as Venezuela's security offensive cuts off trade, legal and otherwise, between the two nations.

Across the border, scores of Colombians packed their belongings into suitcases and prepared for an army escort out of Venezuela, joining the estimated 1,000 of their compatriots who have already been deported.