Roughly 30% of our global food supply goes uneaten every year due to inefficiencies at every part of the supply chain, emitting methane, a greenhouse gas 86 times more potent than carbon dioxide. If this food waste represented its own country, it would be the third largest emitter of GHGs, just behind the U.S. and China.
Every year, Food Banks rescue 8.8 billion pounds of fresh, edible food that would have otherwise gone to waste. This food is rescued from retailers, farmers, foodservice, and other food establishments, and is distributed to communities who lack sufficient food. In 2022, 54 million people received food assistance from the charitable sector, largely relying on Food Banks. Food Banks play a critical role in bridging the gap between food insecurity and surplus, ensuring that food reaches those in need.
However, the majority of Food Banksface a myriad of operational and financial obstacles along the way. Most of these organizations are nonprofits operating on a small scale and serving their local communities.
Brightly is on a mission to create sustainable revenue streams for these organizations through its food waste project. This project measures and quantifies the avoidance of methane emissions caused by food waste. The resulting carbon offsets provide financial stability to essential organizations that bridge the gap between scarcity and abundance.