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EU Social Economy Gateway
  • News article
  • 9 December 2024
  • Directorate-General for Employment, Social Affairs and Inclusion
  • 1 min read

Key Financial Instruments for Supporting Business Initiatives in Reducing Food Waste and Losses

Key Financial Instruments for Supporting Business Initiatives in Reducing Food Waste and Losses

This research paper provides a comprehensive overview of the key financial tools available to businesses engaged in food waste reduction and loss prevention. Prepared as part of the EU-financed FOODRUS project, the publication outlines a range of traditional and alternative funding mechanisms, from debt, equity, and grants to innovative hybrid instruments. It addresses how these funding strategies, including ethical loans, microcredits, venture philanthropy, and crowdfunding, can empower organisations within the agri-food sector to implement sustainable practices aligned with the EU's environmental objectives. The publication emphasises the strategic potential of crowdfunding and crowdequity to mobilise community support and financing for social impact projects.

The publication serves as a practical guide for businesses and entrepreneurs interested in navigating the financial ecosystem to access resources that fuel sustainable initiatives in line with EU policy on circular economy and sustainable food systems. In particular, it highlights examples like the InvestEU programme, which brings together EU financial instruments aimed at fostering social inclusion and innovation within the food sector. Practical advice on approaching impact investors and developing resilient, sustainable funding models is provided, focusing on transparency and accountability in financial partnerships. The publication ultimately positions itself as a valuable resource for those aiming to contribute positively to the sustainable transformation of the food sector in Europe.

About FEBEA:

The European Federation of Ethical and Alternative Banks and Financiers (FEBEA) is an organisation dedicated to supporting ethical finance institutions in Europe. FEBEA gathers 34 financial organisations from 17 different countries across Europe. The network advocates for and facilitates sustainable financing options that prioritize social and environmental impact, transparency, and democracy. Through its network, FEBEA connects members with EU funding opportunities and offers resources, training, and consultation to help navigate complex funding landscapes, especially within programs like ESF+ and InvestEU.

Link to the research paper: https://febea.org/publication/key-financial-instruments-briefing-paper/

Lin to FEBEA’s website: www.febea.org

Details

Publication date
9 December 2024 (Last updated on: 29 November 2024)
Author
Directorate-General for Employment, Social Affairs and Inclusion
Subjects
  • EU funding
  • Learning material
  • Social economy organisation
  • Social Enterprises