According to the nonprofit Project Drawdown, food waste reduction is one of the top solutions for fighting climate change. In fact, food waste is a key driver of climate change, accounting for 4% of total U.S. greenhouse gas emissions, as well as the depletion of environmental resources. But reducing food waste is not just a win for the planet; it can also be an attractive investment strategy with substantial ROI potential. According to ReFED, an investment of $14 billion a year over the next decade can cut food waste in half each year and result in $73 billion in annual economic benefit — a 5-to-1 return. Plus, every year, it would reduce greenhouse gas emissions by 75 million metric tons (the equivalent of taking 16 million cars off the road each year), save 4 trillion gallons of water, and recover the equivalent of 4 billion meals for those in need. Over ten years, it would create 51,000 jobs – and achieve the nation’s goal to reduce food waste by 50% by 2030. Join ReFED’s Alexandria Coari and Closed Loop Partners’ Bridget Croke for a dynamic conversation about the opportunity for investing in the top solutions with the greatest climate impact.
The Fight Against Climate Change Starts with Investing in Food Waste Reduction
Melody Serafino
May 21, 2021
Format
Fireside Chat
Meta Themes
Impact Investing
Themes
funders, innovation, food waste, sustainability
Purpose and Desired Outcome
A call to action to invest in one of the most tangible solutions to climate change: curbing food waste
Audiences
Asset Managers
Government
Service Providers
Entrepreneurs
Accelerators & Incubators
Corporate & SME
Intermediaries (Financial Advisers, Investment Bankers)
Allocators (Family Offices, HNW Individuals, Foundations)
Academia
Speakers
- NameAlexandria Coari
- TitleVP, Capital, Innovation + Engagement,
- OrganizationReFED
- StatusConfirmed
- NameBridget Croke
- TitleManaging Director
- OrganizationClosed Loop Partners
- StatusConfirmed