Economic Growth

How to reduce food waste

Chris Arsenault
Writer, The Thomson Reuters Foundation

Reducing consumer food waste could save the global economy up to $300 billion annually by 2030 as one third of all food produced worldwide ends up being discarded, a research group said on Thursday.

Globally, the food wasted by consumers is worth $400 billion a year, and this could jump to $600 billion in the next decade, as the profligate middle class expands in developing countries, the group said.

Cutting the amount of food consumers discard by between 20 and 50 percent could save between $120 and $300 billion yearly by 2030, said the report for the Global Commission on the Economy and Climate, an international group chaired by former Mexican President Felipe Calderon.

Food waste in developing countries is due mainly to inadequate refrigeration equipment and poor transport links to markets and processing plants.

“Less food waste means greater efficiency, more productivity, and direct savings for consumers,” Helen Mountford, Global Programme Director for the New Climate Economy, a Global Commission project, said in a statement.

“It also means more food available to feed the estimated 805 million that go to bed hungry each day.”

The UK-based Waste and Resources Action Programme (WRAP), which produced the report for the Global Commission, is in a partnership with U.N. agencies including the Food and Agriculture Organization to give consumers tools for preventing waste.

In the United Kingdom, a programme to improve efficiency – the Love Food Hate Waste campaign – helped households reduce food waste by 21 percent between 2007 and 2012, saving a total of 13 billion pounds ($20.1 billion), the WRAP report said.

In developing countries, about 25 percent of food waste could be eliminated with better refrigeration equipment, WRAP said.

Consumers are responsible for the majority of discarded food in developed countries, often as a result of buying too much at the grocery store or cooking too much, while most of the developing world’s waste happens before food reaches consumers.

Along with improving economic efficiency, reducing waste has big implications for the environment.

An estimated 7 percent of all greenhouse gas emissions, the equivalent of 3.3 billion tonnes of carbon dioxide, are due to wasted food, the report said.

This article is published in collaboration with Thomson Reuters Foundation trust.org. Publication does not imply endorsement of views by the World Economic Forum.

To keep up with the Agenda subscribe to our weekly newsletter.

Author: Chris Arsenault covers global food security and agricultural politics for the Thomson Reuters Foundation from Rome.

Image: Apples are displayed in a wheelbarrow. REUTERS/Franciszek Mazur/Agencja Gazeta.

Don't miss any update on this topic

Create a free account and access your personalized content collection with our latest publications and analyses.

Sign up for free

License and Republishing

World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.

The views expressed in this article are those of the author alone and not the World Economic Forum.

Stay up to date:

Future of the Environment

Related topics:
Economic GrowthGlobal CooperationIndustries in DepthNature and Biodiversity
Share:
The Big Picture
Explore and monitor how Agriculture, Food and Beverage is affecting economies, industries and global issues
A hand holding a looking glass by a lake
Crowdsource Innovation
Get involved with our crowdsourced digital platform to deliver impact at scale
World Economic Forum logo
Global Agenda

The Agenda Weekly

A weekly update of the most important issues driving the global agenda

Subscribe today

You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.

How 'green education' could speed up the net-zero transition

Sonia Ben Jaafar

November 22, 2024

What is the gig economy and what's the deal for gig workers?

About us

Engage with us

  • Sign in
  • Partner with us
  • Become a member
  • Sign up for our press releases
  • Subscribe to our newsletters
  • Contact us

Quick links

Language editions

Privacy Policy & Terms of Service

Sitemap

© 2024 World Economic Forum