CREATING A ROADMAP FOR FINDING VALUE IN FOOD WASTE REDUCTION November 17,
ReFED: A National Roadmap to Reduce Food Waste Solutions evaluated based on impact, feasibility, and cost- effectiveness. Targeted recommendations for NGOs, Foundations, Corporations, Municipalities, Policy Makers, Entrepreneurs and Investors.
Collaborators Atticus Trust Ahearn Family Foundation Local Economies Project New York City
Solutions across the Food Recovery Hierarchy
Food Waste Solutions Category 1. Packaging 2. Sales and Operations Planning 3. Efficient Supply Chain 4. Product Specifications 5. Cafeteria Platters 6. Recovery Policy 7. Donation Infrastructure & Transport 8. Compost Reuse 9. Pre-Treatment for Reuse 10. Clean Energy Reuse
The Opportunity: 50% Reduction in Food Waste On September 16, 2015, the U.S. announced a goal to: Reduce Food Waste 50% by % Reduction: Achievable Cost Effective No major policy changes 50% Reduction: Achievable, but requires transformational change in policy, consumer behavior and innovation. ReFED’s analysis highlights the path to a 30% - 50% reduction:
KEY TAKEAWAYS $ Moving the needle will require Transformational Change Food Waste can be reduced by at least 30% by unlocking the positive underlying economics of food waste to drive philanthropic and impact investment funding to catalyze a new food recovery economy Innovative financing solutions are needed across the supply chain Most food waste reduction activity is in the early adopter phase Companies have many pre-competitive solutions and can create value through collaboration