Poor engineering, agricultural practices, and inadequate transport and storage are cited as some of the main reasons why an estimated 30–50% (or 1.2–2 bIllIon tonnEs) of all food produced on the planet is lost before reaching a human stomach, claims a new report “Global food, waste not, want not”, by the UK based Institute of Mechanical Engineers. The report is a call to action to promote more sustainable ways to reduce waste from the farm to the supermarket and to the consumer. The report targets the UN Food and Agriculture Organisation and Governments, and therefore misses an opportunity to encourage better cooperation between the public sectors and the private investment sector. However, the substance of the report provides a timely reminder of the urgency and the opportunity for investors to participate in developing solutions to key food security issues.
Food security is a core investment theme for Chilasa. We are proactively developing a pipeline of investment opportunities in India and in 2013 will be expanding to Bolivia. We share our deal/project flow with our network of Chilasa Angels. To learn more about becoming a Chilasa Angel click on the link at the top.
“In India, 21 million tonnes of wheat is wasted each year due to inadequate storage and distribution systems”.