The following is an excerpt from rt.com | June 6, 2016 |
Around $940 billion of food is lost or wasted annually but there has been no globally agreed upon metric for measuring how it is squandered. International organizations are developing a new standard with the aim of reducing food waste and loss.
The new international framework – dubbed the Food Loss and Waste Accounting and Reporting Standard – aims to encourage companies, nations, and others to identify areas where they could heighten efficiency within the production, sale, and consumption of food globally, according to a partnership between top international organizations. Increased care and efficiency efforts will help feed the around 800 million people who are undernourished around the world and cut greenhouse gas emissions from production of wasted or lost food, they said.
"Widespread use of the FLW Standard will motivate and empower countries, companies, and other entities to minimize FLW, thereby realizing economic benefits, enhancing food security, improving natural resource use efficiency, and reducing environmental impacts," according to supporters of the protocol.
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