The Ellen MacArthur Foundation receives a £1.25 million Dream Fund award which will be used for a food challenge that aims to bring nature-positive food to supermarkets within two years.
The £1.25 million was received from the People’s Postcode Lottery Dream Fund award 2022. The Ellen MacArthur Foundation says they will partner with the Sustainable Food Trust to launch the food challenge project to tackle climate change and biodiversity loss with the circular economy.
The foundation says the food challenge is set to reshape how food is designed, grown, and marketed.
CEO, Ellen MacArthur Foundation, Andrew Morlet, said: “This is the third time the Foundation has won a People’s Postcode Lottery Dream Fund award, and we are once again thrilled to be the recipients of their continued support as we work to shift the economy into one that is regenerative by design.”
The People’s Postcode Lottery first funded the Ellen MacArthur Foundation in 2016. In the same year, the Foundation was awarded £500,000 to support its first systemic project on plastic packaging, which led to the launch of the New Plastics Economy, and in 2019 a further £1 million from the Dream Fund supported Make Fashion Circular and The Jeans Redesign.
The foundation says this year’s funding ensures that it can continue its work to accelerate the transition toward a circular economy, this time in the Food industry.