WASTE NOT, WANT NOT:

The Circular Economy to Food Security

29-30 August 2016, Canberra

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Dr Karen Brooks
Director, CGIAR Research Program on Policies, Institutions and Markets,
International Food Policy Research Institute (IFPRI)

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Karen Brooks joined IFPRI in 2012 as Director, CGIAR Research Program on Policies, Institutions and Markets. Prior to that she worked for the World Bank for more than twenty years in various capacities, including ten years as Sector Manager, Agricultural Operations, Africa Region, and during the 1990’s as Lead Economist on agricultural issues of the transition from central planning in Eastern Europe and Central Asia. Prior to joining the World Bank, she was Associate Professor in the Department of Applied Economics at the University of Minnesota.

Karen holds an undergraduate degree in Political Science from Stanford University, and a PhD in economics from The University of Chicago. She has published on issues related to agricultural policy in centrally planned economies, price and land policy in countries transitioning from planned to market economies, and the challenges of youth employment in Africa south of the Sahara.

Waste Not, Warm Not:
Poverty, Hunger and Climate Change in a Circular Food System

Abstract

Reduction of food loss and waste has received increased attention in recent years. Several spikes in food prices since 2008 have highlighted the hardship that poor people, and especially poor children, face when food is priced out of their reach. With as many as 800 million people still undernourished, of whom about 160 million are stunted young children, the fact that as much as 30% of food is lost or wasted appears unconscionable. Surely the loss could be recovered and channelled toward the hungry!

Much of the discussion of food loss and waste has been predicated on this assumption, with the related conclusion that better management and distribution of existing supplies could substitute for investment in increased productive capacity. The assumption is in part borne out by empirical evidence, but as is often the case, the full picture is more complex. Moreover, discussion of food loss and waste in terms of feeding the hungry misses the environmental benefits associated with better management of existing production. Food systems that lose and waste less will generate fewer greenhouse gases and contribute less to global warming. The economics of reduced loss and waste creates both winners and losers, but the environmental calculus has only winners. The policy and institutional arrangements of food systems that generate less loss and waste would look quite different from our present systems.