Aug 24, 2018
Booming world population and changing habits in developing nations may lead to rise in global food waste by almost a third by 2030, when more than 2 billion tonnes will be binned. The United Nations has set a target of halving food loss and waste by 2030. But the Boston Consulting Group (BCG) study found that if current trends continued, it would rise to 2.1 billion tonnes annually – an amount worth $1.5 trillion.
Around a third of the world’s food is lost or thrown away each year. Currently, 1.6 billion tons of food is wasted annually, worth about $1.2 trillion dollars. The amounts of waste and the social, economic and environmental implications are serious if the trajectory isn’t changed. When we fight food loss and waste, we also fight hunger, poverty and global warming.
Much of the projected increase was down to a swelling world population, with more people resulting in more waste. Even household waste will increase in developing countries as consumers gain more disposable income, which identified five key changes which it said could save nearly $700 billion in lost food.
They included more awareness among consumers, stronger regulations and better supply chain efficiency and collaboration along the food production chain.
It is Important to take measures to cut wastage as the world would at least be on the way to meeting the 50 percent reduction target by 2030. Consumers, businesses and regulators would all have to play a role in driving change.
It is important to make a shift in our attitudes to food waste – and understand that it just isn’t acceptable to throw food in the bin.