Heliyon (Jun 2024)
Advancing a food loss and waste bioproduct industry: A critical review of policy approaches for application in an Australian context
Abstract
Food loss and waste (FLW) contains an abundance of nutrient components that can be extracted and converted into valuable bioproducts through biorefining (e.g., pharmaceuticals, cosmetics, nutrients). Australia has identified bioproducts from a FLW feedstock as one avenue through which it can meet its commitment to UN Sustainable Development Goal Target 12.3, aiming to halve food waste by 2030. An industry for bioproducts in Australia is, however, nascent and will require targeted and sustained policy intervention to advance in line with the production targets it has set to meet Target 12.3. The aim of this critical review is threefold. Firstly, it draws on the research literature to identify barriers to advancing a bioproduct industry from FLW. Secondly, it constructs a taxonomy of policies available to overcome these barriers and support industry development. Finally, it applies the taxonomy to established policy settings in Australia (examining both national settings and Queensland state settings) and the European Union (EU), where the industry and associated policy is more mature. Australia has few national policies directly targeting a bioproduct industry. A comparative assessment of policy settings allows this review to identify lessons Australia can draw from the EU experience as it advances its own industry. Findings demonstrate a complex and fragmented policy landscape. Key recommendations from the literature emphasise the need to establish coordinated strategic instruments; target research and development opportunities for optimised, sustainable processes; and implement appropriate incentives to establish a ‘level playing field’, as technology readiness increases. The critical requirement for policy stability and coherence, flags the need to lay groundwork policy in this area as a priority.