According to the United Nations, least developed countries (LDCs) account for 13 per cent of the world population but only about 1.3 per cent of global GDP and less than 1 per cent of global trade and foreign direct investment .
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Food waste refers to the decrease in the quantity or quality of food resulting from decisions and actions by retailers, food service providers, and consumers.
The essential first steps of addressing the problem of food loss are measuring the loss, identifying where in the food system it occurs, and developing effective policies to mitigate it along the value chain.
High food prices are not only causing a humanitarian crisis, but also putting at risk the development potential of millions of people.
"The dramatic rise and volatility of food prices over the last year have shaken the global food system.