The 2020 U-20 Copa CONMEBOL Libertadores (Spanish: Copa CONMEBOL Libertadores Sub-20 2020) was the 5th edition of the U-20 CONMEBOL Libertadores (also referred to as the U-20 Copa Libertadores), South America's premier under-20 club football tournament organized by CONMEBOL. The tournament was held in Paraguay from 15 February to 1 March 2020. Nacional were the defending champions, but failed to advance out of the group stage. Independiente del Valle defeated River Plate in the final to claim their first title, while Flamengo beat Libertad to finish third.