Innovation portfolio management enables not only commercial actors but also public sector organisations to systematically manage and prioritise innovation activities according to concurrent and diverse purposes and priorities. It is a core component of a comprehensive approach to innovation management and a condition to assess the social return of investment across an entire portfolio. The OECD Observatory of Public Sector Innovation (OPSI) has worked in this space for a number of years.

For most development organisations and funders, innovation remains a sprawling collection of activities, often energetic, but largely uncoordinated. To a dregree, this has also been the case for Iceland's development co-operation. Iceland, a comparatively small but energetic player in the international development co-operation system, provided the equivalent of 0.28% (roughly 67 million Euro) of it 2021 gross national income towards Official Development Assistance.

The OECD InDeF team developed a portfolio approach to innovation. A portfolio approach takes a balcony view on innovation which helps organizations align innovation processes, resources and performance with organizational objectives and enables them to track innovation with a view to scaling. Coached by the OECD team, Enabel colleagues in Benin, Morocco and Palestine piloted this portfolio approach by reviewing their current innovation supporting activities and investments against a set of key criteria.

In the face of the climate emergency, around 140 countries, which emit close to 90% of the global greenhouse gas emissions, are planning to reduce their emissions to as close to zero as possible (known as net zero) in the upcoming decades. Around a third of these are low- and middle-income countries (LMICs), the countries most affected by climate change. So how can countries in the Global South achieve a socially-just transition? One key element is innovation, and potentially mission-oriented innovation.

Colombia produces more sugar per month on one hectare of land than any other country. This privilege is due to the productivity of sugar cane grown in the Cauca River valley, where 14 processing plants operate nearly year-round to produce sugar, honey, bioethanol, and electrical energy. The cane is supplied by 2750 growers, owners of 75 percent of the 240 000 hecatres planted, and by the sugar mills themselves (25 percent of the area). The sugar cane chain provides more than 286 000 direct and indirect jobs.

The problems of family businesses transcend borders, scales, environments, and areas. Within the agricultural sector, family businesses represent 80 percent of the productive units that contribute to the economic development of Argentina and Uruguay. This initiative forms a virtual community where the target audience is the owners, partners, founders, advisors, managers, potential successors, and anyone interested in issues related to the family businesses, without distinction of gender or age, in the agricultural sector of these countries.

Mexico is considered the geographic center of origin of the Agave genus. The "maquey pulquero" (Agave mapisaga and A. salmiana) is produced and used in central mexico to make a traditional fermented beverage known as pulque, which has been made and consumed since pre-Hispanic times and is still a form of subsistence for rural families.

Food and Nutritional Security (FNS), understood as the availability and access to quality food, is fundamental for human development. The sustainability and progress of the agricultural sector are essential to maintain a food supply in quantity and quality. In the department of Córdoba, multidimensional poverty is twice as high for rural areas (51.9 percent) as compared to urban areas (23.3 percent). Thus, rural producers' role in boosting the local economy, contributing to generating jobs and FNS is essential.