The world loses or wastes one-quarter to one-third of all food produced for human consumption, according to the latest issue of the World Bank’s quarterly Food Price Watch citing FAO and World Resources Institute estimates. In regions rife with undernourishment, such as Africa and South Asia, this shocking loss translates to 400 to 500 calories per person, per day – and up to 1520 calories in the developed world.
“The amount of food wasted and lost globally is shameful,” said Jim Yong Kim, President of the World Bank Group. “Millions of people around the world go to bed hungry every night, and yet millions of tons of food end up in trash cans or spoiled on the way to market. We have to tackle this problem in every country in order to improve food security and to end poverty.”
According to the latest edition of Food Price Watch, global food prices declined by 3 percent over the last quarter but remain close to historical peaks, driven by record-setting harvests in wheat, maize and rice, increased supplies, and stronger global stocks.
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