CREATING A ROADMAP FOR FINDING VALUE IN FOOD WASTE REDUCTION
November 17, 2015
www.ReFED.com
1
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
Category1. Packaging2. Sales and Operations Planning 3. Efficient Supply Chain4. Product Specifications5. Cafeteria Platters6. Recovery Policy7. Donation Infrastructure & Transport8. Compost Reuse9. Pre-Treatment for Reuse10. 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 2030
30% 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