business news in context, analysis with attitude

Bloomberg reports that a new study from the United Nations' Food and Agriculture Organization says that "the world loses about $400 billion of food before it even gets delivered to stores," which means that "some 14% of all food produced is lost annually, with central and southern Asia, North America and Europe accounting for the biggest shares."

The story points out that "food wastage is drawing increased scrutiny because of the contribution to greenhouse gas emissions and as more than 820 million people are estimated to go hungry each day. World leaders have pledged to try to halve global food waste at retail and consumer levels by 2030 and reduce food production losses. Companies are also trying to improve efficiency in the food industry." The study says that "better cold storage and infrastructure would help reduce losses," but that much more research needs to be done if governments and corporations are to deal with the problem effectively.
KC's View:
Call me a cynic, but I'm utterly convinced that for the most part, we as a culture are unable to deal with this problem because we suffer from the terminal disease of complacency. We don't see the big picture - the environmental disasters that may befall us if we don't move aggressively to address them - and so we act as if the plenty that we've always enjoyed always will be there.

I'm guessing that this is a mistake.