Feed The World: How Two Startups Are Tackling Food Waste

Dec 24, 2018 · forbes.com

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It's 34 years since Band Aid's first version of Do They Know It's Christmas? (Feed The World) was released. The world responded, but 815m people across the world - one in nine - are still undernourished. And yet, each year, according to the United Nations, we throw away about one-third of the food we produce, approximately 1.3 billion tonnes.

This is equivalent to nearly $1 trillion in retail prices or the equivalent of 3.3bn tonnes of greenhouse gases.

Our demand for fresh food, at all times of the year, regardless of growing seasons, has created a monster: food waste. Where there is a problem, though, startups and technology increasingly provide the answer.

An influx of money has gone into companies trying to prevent food waste in the U.S. this year, while in Europe, Whywaste.com whose data helps supermarkets identify products likely to pass their expiration date, has raised additional capital for expanding outside Sweden.

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