Potential impacts on sub-Saharan Africa of reducing food loss and waste in the European Union : A focus on food prices and price transmission effects

Summary

This paper investigates, by means of scenario analyses, how reductions in food loss and waste in the European Union (EU) could influence prices in sub-Saharan Africa – as a source and destination of traded agricultural and food products. Four 50 percent reduction scenarios are enacted, using the Modular Applied GeNeral Equilibrium Tool (MAGNET), in addition to a baseline “business as usual” (BaU) scenario. The analysis provides insights on potential impacts in terms of medium- to long-term global and local price changes in sub-Saharan Africa and the mechanisms behind them (changes in production, consumption and trade patterns). It also provides insights in terms of potential welfare impacts.