ReFED has added Capital Tracker to its collection of online tools for generating data-driven solutions to food waste. The service allows users to track data on capital investments to reduce food waste from 2012 onwards.
ReFED developed Capital Tracker with financiers and solution providers in mind, but the tool is open to the public and free to use. Alejandro Enamorado, Capital, Innovation & An Engagement Manager at ReFED, he tells Food Tank, “it can be used by anyone interested in understanding the food waste funding landscape.”
“In order to develop an effective financing strategy, financiers and solution providers need data,” says Enamorado. He says this includes “what types of solutions have seen the most investment, which funders are most active in the space, which solution providers offer similar products.” Capital Tracker displays this information and other data through interactive graphs and charts. Users can find investor and recipient contact information or display filters, selecting details such as investment amount or solution type.
Capital Tracker was launched with private equity data from PitchBook. But over time, Enamorado says, “[ReFED] will update the Capital Tracker to include data on public and philanthropic investments to provide a more complete picture of food waste financing. The data will come from the US IRS and US Office of Management and Budget Form 990-PF.” ReFED expects to add these updates throughout the year and plans to do general updates weekly. The tool also offers a survey link so users can provide feedback to improve future displays.
“Over the past ten years, funding for food waste solutions has accelerated, with the number and size of contracts increasing,” Enamorado tells Food Tank. In 2021, US$2 billion has been invested in strategies to reduce food waste through 173 agreements. Most of these funds were aimed at preventing food waste.
ReFED aims to reduce food waste in the US by 50 percent by 2030. For this to happen, investments must lead to results. Enamorado views their perspective favorably. “While we still have a long way to go in terms of meeting our food waste reduction goals,” he tells Food Tank, “we’re starting to see progress… [and] we’re excited about what we’re seeing.”
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Where is food wasted?
Where is food wasted? Edible food is discarded at all points in the food chain: on farms and fishing boats, during processing and distribution, in retail stores, in restaurants and at home.
Where is food wasted in the US? Food waste in our homes makes up about 39% of all food waste – about 42 billion pounds of food waste. While commercial food waste accounts for about 61% of total food waste or 66 billion pounds of food waste. This may interest you : Ministry of health announced May retail food inspection. Feeding America focuses on reducing food waste on farms and in service, manufacturing and retail.
Where does food waste occur?
More than 50 percent of waste occurs during the “upstream” or production, yield handling and storage stages, with the remainder occurring during the processing, distribution and consumption or “downstream” stages.
How do you explain to kids not to waste food?
10 ways to get kids to waste less food This may interest you : United in the fight against food insecurity.
- Take the family food waste challenge.
- Plan your meals for the week.
- Limit snacking before meals.
- Make food easy to eat.
- Give the food funny names.
- Determine the portions correctly.
- Save what they don’t eat.
- Pack your lunches strategically.
Why should we not waste food, an answer for children? Food is considered a god and throwing it away without consuming it is as good as committing a sin. Students in schools, colleges and universities should think about the negative impact that food waste will have on society. Disposal of food waste leads to land and soil pollution.
Why should food never be wasted explain?
Food is fuel for our body, without food we cannot perform any physical or mental act. Have you ever realized even a day without food? Billions of people in India, Bangladesh, Africa and many other countries continued to starve. This may interest you : Artificial photosynthesis can produce sunless food. Loss and waste occur at all stages of the food supply chain.
How do you explain food waste to a child?
Instruct the students that every time they throw away some food, write down what it is and why they threw it away. Students can predict how much food they will waste and compare their predictions with their results. Discuss why it is important to know how much food is wasted in order to reduce waste.
What do you think of food waste?
Food waste is less of a concern when you eat out. Consumers don’t seem to think as much about food waste when eating out. Fewer than one in five (19 percent) say they always think about food waste when eating out, and almost two in five (39 percent) say they never think about it.
What is a summary of food waste? Some food waste is unavoidable, and there is considerable variation in how food waste and its impacts are defined and measured. But there is no doubt that the consequences of food waste are severe: food waste is costly for consumers, depletes natural resources and degrades the environment.
What is food waste and why is it bad?
But wasted food is not only a social or humanitarian concern – it’s also an environmental one. When we throw away food, we waste all the energy and water needed for growing, harvesting, transporting and packaging. And if food ends up in a landfill and rots, it produces methane—a greenhouse gas that’s even more potent than carbon dioxide.
Why is food waste is a problem?
Food waste is a problem because it costs Americans billions of dollars in lost income, taxes natural and human resources, and harms the environment by contributing to global warming and climate change when food waste adds to landfills and produces the greenhouse gas methane.
How much do you know about food waste?
In the United States, food waste is estimated to be between 30-40 percent of the food supply. This estimate, based on USDA Economic Research Service estimates of 31 percent food loss at the retail and consumer levels, corresponds to approximately 133 billion pounds and $161 billion in food value in 2010.
How much of our food is waste? In the United States, food waste is estimated to be between 30-40 percent of the food supply.
What do you know about food waste?
Food waste refers to food fit for human consumption that is thrown away, regardless of whether it has expired or has been left to spoil. Often this is because the food has gone bad, but it can also be for other reasons such as oversupply due to the market or the buying/eating habits of individual consumers.
Why is it important to know about food waste?
Healthy food that is currently being thrown away can help feed families in need. Safe and healthy food that is currently being thrown away could help feed hungry people and reduce food insecurity today. Each year, Feeding America and its network of food banks rescue approximately 3.6 billion pounds of food.
