Summary Keywords: Poverty, Gender Inequality, Migration, Social Protection, Intergenerational Relationships, Economic Transformation, Care Economy, Tax Reform, Beyond GDP, Informal Workers, Climate Change, Just Transition, Education and Employment Key messages The 2nd World Summit on Social Development is being held in a different context compared to the situation prevailing in 1995 when the first Summit was held. Issues such as rapid demographic change and population ageing, climate change and the digital revolution were not high on the agenda. The Second World Summit on Social Development should address the interlinked impacts of the demographic transition, climate change and technological change in consolidated manner. The Summit was also an opportunity to place people and social development at the heart of policies and programmes across all the different dimensions. In the context of the rapid demographic transition, a dynamic approach should be adopted in ageing societies, promoting lifelong learning and adaptability in the labor market; life should not follow a linear path in an ageing society. Intergenerational and intragenerational solidarity is crucial for addressing demographic challenges. Social protection systems should be universal, ensuring coverage for all.  Increasing efforts in social protection are essential to address growing challenges, such as climate change. Generation of decent jobs and employment was one of the main challenges that needed to be addressed. In the context of the region, informal employment was a major issue to be addressed. Informal workers must be integrated into social development strategies, recognizing their significant contributions to the economy and the just transition framework. Women must have access to education and employment opportunities, while addressing the gap between educational attainment and labor market participation. In this context, the care economy must be strengthened and structured to relieve individuals from the conflict between care responsibilities and employment. The creation of paid jobs in the care sector is critical, with the private sector playing a key role in building a sustainable care economy. The summit was an opportunity to shift focus beyond GDP growth and adopting alternative measures that promote investments in social development.  Tax reforms could serve as a vital tool for financing the muchneeded investments in social development.