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.
Future technologies and systemic innovation are critical for the profound transformation the food system needs. These innovations range from food production, land use and emissions, all the way to improved diets and waste management. Here, we identify these technologies, assess their readiness and propose eight action points that could accelerate the transition towards a more sustainable food system. We argue that the speed of innovation could be significantly increased with the appropriate incentives, regulations and social licence.
Limiting warming to 1.5 degrees Celsius and transitioning the planet to an equitable climate and nature-positive future by 2050 will require systemic shifts in how food is produced and consumed.
With the current realities of the food systems, the fusion of innovation with purpose becomes not just a choice but a necessity.
Agriculture is a vital sector that will feed a projected global population of 9.5 billion by 2050. Smallholder farmers produce more than 70 percent of the world's food. Globally, there are approximately 570 million smallholder farmers, who own less than two hectares of land. However, smallholders in most developing countries face challenges such as access to finance and insurance, unfair wages, access to agricultural resources and lack of market access.
The global food supply is increasingly facing disruptions from extreme heat and storms. It is also a major contributor to climate change, responsible for one-third of all greenhouse gas emissions from human activities.This tension is why agriculture innovation is increasingly being elevated in international climate discussions.