Strategies to achieve economic and environmental gains by reducing food waste
Reducing consumer food waste could save between US$120 and 300 billion per year by 2030 according to a new report by WRAP (The Waste & Resources Action Programme) and the Global Commission on the Economy and Climate. To achieve this would require a 20-50% reduction in consumer food waste. One third of all food produced in the world ends up as waste, while the value of global consumer food waste is more than US$400 billion per year. As the global middle class expands over the course of the decade, the cost could rise to US$600 billion, according to new research conducted by WRAP for the Global Commission. Their report, Strategies to achieve economic and environmental gains by reducing food waste, also identifies significant opportunities to improve economic performance and tackle climate change by reducing the amount of food that is wasted in agriculture, transport, storage and consumption.