Categories
Food Loss/Waste

National Environment Agency, Singapore, launched a S$1.76 million food waste fund

The National Environment Agency (NEA) launched a S$1.76 million (US$1.26 million) food waste fund as part of its efforts to tackle climate change. The fund aims to help organisations subsidise the cost of installing food waste treatments solutions. Capped at S$100,000 (US$70,000) per applicant, it will cover the capital cost of waste treatment systems, accompanying equipment like bin lifters and any improvements to existing infrastructure. Companies, non-profit organisations and condominium management bodies can apply for it between May 18, 2020 and Feb 28, 2021.

Food waste accounts for about 10 per cent of the total waste generated in Singapore and its recycling rate remains relatively low.

Singapore’s inaugural Zero Waste Masterplan maps out Singapore’s key strategies to build a sustainable, resource-efficient and climate-resilient nation. This includes adopting a circular economy approach to waste and resource management practices, and shifting towards more sustainable production and consumption.

Zero Waste Masterplan aims to reduce waste sent to landfill each day by 30 percent by 2030. It also outlines plans to achieve a 70 per cent overall recycling rate by 2030. The plan sets targets for food waste, electronic waste, packaging waste and research and development.

Read more at CNA

3 replies on “National Environment Agency, Singapore, launched a S$1.76 million food waste fund”

Comments are closed.