The Rockefeller Foundation announced Thursday that it will launch a seven-year, $130 million initiative called YieldWise to reduce food loss and waste globally. The announcement was made in part of the World Economic Forum’s 2016 Annual Meeting in Davos, Switzerland.
Through YieldWise, the Foundation will collaborate with private and government stakeholders across the food supply system to promote behavioural changes and produce a global food system with minimal waste.
Also announced Thursday was Champions 12.3 — a global coalition of 30 leaders from industry, government, global institutions, and civil society groups, with the goal to reach Target 12.3 of the United Nations Sustainable Development Goals (SDGs). This target will cut food waste in half, per capita, and reduce food losses by 2030.