Over a million dollars will be invested in a National Food Waste Strategy that aims to halve Australia’s current food waste by 2030.
Federal environment minister Josh Frydenberg today said an investment of $1.37m over 24 months would provide a framework to support collective action. "Twenty per cent of everything we consume, we waste," Mr Frydenberg said.
"This costs the Australian economy about $20 billion a year and about four million tonnes of food ends up in landfill."
The funding will be used across several initiatives including to support independent agency Food Innovation Australia Limited.
By late 2018, they will deliver a strategic plan that sets out short, medium and long-term actions, with an industry voluntary commitment program will be in place by early 2019.
The Coalition Government has also committed a further $370,000 through its National Environment Science Program for two research projects to support the strategy.
Out of this, $200,000 will support research to establish the National Food Waste Baseline and develop an approach for the measurement of progress against the 50 per cent reduction target.
The remaining $170,000 will identify the highest value return on investment opportunities in food waste for business, community organisations and governments.