What's Happening?
The European Parliament has voted to approve EU measures aimed at reducing food waste, setting binding targets for 2030. The plan requires member states to cut food waste from processing and manufacturing by 10% and by 30% per capita from retail, foodservice, and households. These targets are based on the annual average waste generated between 2021 and 2023. The initiative aligns with the UN Sustainable Development Goals, specifically targeting food waste reduction.
Why It's Important?
The approval of binding targets for food waste reduction is a significant step towards addressing environmental and sustainability challenges. Food waste contributes to greenhouse gas emissions, impacting climate change efforts. The measures could drive changes in food industry practices, encouraging more sustainable production and consumption patterns. Businesses and investors in the food sector may need to adapt to new regulations, potentially leading to innovation in waste management solutions.