Latimpacto, the venture philanthropy network for Latin America, will hold its first conference next week in Cartagena, Colombia. The organisation hopes that this inaugural gathering will help Latin American philanthropists make strategic connections for impact and investments.

‘Latin America is a region of opportunities to attract and leverage more capital for impact creation, connecting and learning innovative financial models,’ said Carolina Suárez Visbal, Latimpacto CEO.

According to the Economic Commission for Latin America and the Caribbean, poverty in the region has reached its highest level in the last 12 years. The average investment needed to meet the Sustainable Development Goals in Latin America is between $5 and $7 trillion. And the social investment gap has only widened since the Covid-19 pandemic.

Latimpacto has been seeking to address this gap, by creating the first regional bank of investment opportunities, generating 27 shared initiatives, and 60 opportunities for connections. It has also produced case studies gathering information across Latin America and brought together over 4,000 people through virtual events during the pandemic.

‘The magic here is that you find people with different views to create impact solutions. They also join different skill sets, which is why one of the greatest benefits that Latimpacto offers is the shared development of ideas and collaboration,’ said Doug Miller, co-founder of Latimpacto and its sister networks in Europe, Asia, and Africa.

Register for the conference and learn more on latimpacto.org.