The joint document underscores the need to strengthen social policies and tailor them to a risk structure reconfigured by global crises. Alongside high levels of poverty, inequality and informal employment, profound transformations in demographics, climate, technology and the labour market are under way. Complementary actions beyond social policy are also needed, as progress is equally crucial in the economic and environmental dimensions. Regional frameworks and agreements have been instrumental in driving social policy change and must continue to be leveraged, including in the universalization of social protection systems and in the areas of migration, labour inclusion, taxation and resource management, to achieve shared growth and stability.