European Environmental Bureau

The European Union has put forward a plan to impose binding targets on its 27 member states to slash food waste from households, retailers and restaurants 30 percent this decade.

Brussels estimates the bloc generates almost 59 million tons of food waste a year - or 131 kilograms per person.

That represents a loss of some 132 billion euros ($144 billion).

The European Union (EU) needs a wider range of financial instruments to provide incentives to promote private investment in needed technological innovations, including increased funding for R&D and innovation, Romania's Minister for the Environment Gratiela Gavrilescu said at a joint news conference with European Commissioner for Climate Action and Energy Policy Miguel Arias Canete, at Parl