June 17, 2025—Representatives from the CVF-V20 Secretariat and the United Nations Office for Project Services (UNOPS) convened in Vienna on June 17 to take stock of progress in implementing the 2025-2026 Work Plan of the CVF-V20 Joint Multi-Donor Fund (JMDF).

Guided by the priorities of the CVF-V20 member countries, the Work Plan focuses on delivering results across four interlinked areas:

• Global advocacy and representation: Strengthening the collective voice of CVF-V20 members in climate and financial governance forums.
• Implementation of Climate Prosperity Plans: Catalyzing investment in low-carbon, climate-resilient development.
• Direct support for vulnerable communities: Addressing climate-related loss and damage on the ground.
• Secretariat support: Enabling the CVF-V20 Secretariat’s technical leadership and coordination for the Fund.

The meeting also provided a platform to discuss the advanced draft of the Resource Mobilization Strategy and the initial elements of a forthcoming Communication and Stakeholder Engagement Plan, both of which represent critical milestones in advancing the strategic goals of the Fund.

Launched in late 2020, the CVF-V20 Joint Multi-Donor Fund is a pooled mechanism designed to drive the collective climate agenda of the CVF-V20 and strengthen South–South cooperation. It supports member countries in implementing adaptation, mitigation, and loss-and-damage priorities, while building capacity to achieve national climate goals.

The Fund also helps members engage more effectively in global forums, such as the UNFCCC and international economic governance negotiations, to advance global cooperation on climate action.

Strategic direction and funding decisions are made by a Fund Board, chaired by Barbados as the current CVF-V20 Chair, with representation from the CVF-V20 Troika and contributing donors. The CVF-V20 Secretariat provides technical leadership and strategic advice, while UNOPS manages operations, fiduciary responsibilities, and implementation oversight.