Australia has an opportunity to reduce, reuse and recycle food waste through a circular economy model. This approach could enable new business models to emerge, financial benefits to be captured and a growth that’s better for all.
While the concept of circular economy is not new, challenges like resource availability, volatile growing conditions, pressures on supply and margins in food production, as well as changing consumer preferences, are forcing us to rethink inefficient and wasteful linear models through our food supply chains.
Solving the issue of food waste in Australia will take a collaborative approach between supportive government initiatives, entrepreneurial spirit, active industry participation, applications of disruptive technologies, and input from academia and significant consumer behaviour change.
The Fight Food Waste CRC and KPMG have produced this report to create greater awareness about the opportunities for fighting food waste through circular economy models. The report includes a snapshot of international and Australian ecosystems enabling circular economies, and Australian business success stories to inspire others to action in tackling the food waste challenge.
Please download the report here.