The United Nations Office for Project Services (UNOPS)

Rising With The Tide: Tracking Reforms in the International Financial Architecture for Accelerated Development-Positive Climate Action

Remarks by Jorge Moreira da Silva, UN Under-Secretary-General and UNOPS Executive Director, at the CVF-V20 – Global Stocktake on Climate Finance high-level event 'Rising With The Tide: Tracking Reforms in the International Financial Architecture for Accelerated Development-Positive Climate Action' at COP28.

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Excellencies, ladies and gentlemen,

It is my pleasure to join you today.

I would like to express my sincere appreciation to the Republic of Ghana for its leadership as the current chair of the CVF & V20, and its Joint Multi-Donor Fund.

As an operational entity within the UN system, UNOPS takes pride in collaborating with the CVF and V20 to contribute to building a better future for all.

We value the distinctive role of this global platform, comprising nations most susceptible to climate change, collectively representing over 1.7 billion people across Africa, Asia, the Caribbean, Latin America, and the Pacific.

In its role as the Fund Manager, UNOPS leverages decades of expertise in delivering project and financial services to guarantee the efficient management and successful execution of the Joint Multi-Donor Fund and its endeavors in alignment with the objectives of the CVF & V20 agenda, the Paris Agreement and the Sustainable Development Goals to accelerate climate action globally.

Operating locally, regionally, and globally, and promoting South-South collaboration, the Fund assists the most vulnerable communities worldwide in adapting to climate change and mitigating its impacts, recognizing this as an integral aspect of their developmental pathways.

UNOPS is keen to continue supporting your "climate prosperity agenda," fostering stronger, climate-resilient, and low-carbon economies. We believe in synergizing efforts and seizing scaling opportunities by involving the United Nations and other international institutions. This aims to realize the pivotal priority areas you have outlined in the Accra Marrakesh Agenda.

Additionally, drawing upon our expertise in infrastructure, UNOPS stands ready to aid CVF members in developing sustainable and resilient infrastructure that aligns with a net-zero future. The decisions made regarding infrastructure today will determine the quality of our collective future.

I look forward to supporting your work in the coming years through our expertise in infrastructure, procurement, and project and financial management.

UNOPS is also proud to be working to facilitate the establishment of the CVF & V20 Secretariat through our advisory services, as decided at the 10th Ministerial Dialogue of the Vulnerable Twenty (V20), particularly to ease the transition process and help ensure the uninterrupted delivery of the Fund’s activities.

The contributions from diverse donors have been instrumental in operationalizing and implementing the CVF & V20 Fund. I take this moment to encourage additional partners to consider participating in this significant initiative.

Allow me to reiterate UNOPS' steadfast commitment to collaboration and partnership within the framework of the CVF & V20 Joint Multi-Donor Fund.

Thank you for your valuable time. We eagerly anticipate working in unison towards a sustainable future through global climate action, aligning with the principles enshrined in the Paris Agreement.


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