November 3, 2020
Veramaris partners WWF-founded feed innovation accelerator
System's Accelerator Project X Global, founded by WWF, has selected Veramaris as the alternative Omega-3 feed ingredient partner for its FEED-X programme, which aims to see 10% of the global feed industry adopt alternative feed ingredients into value chains.
Veramaris competed against more than 100 other ingredient suppliers to win one of 10 coveted places in the FEED-X Challenge.
Project X's mission is to radically transform the sustainability performance of 10 industry value chains most responsible for biodiversity decline and climate change impacts in 10 years, and aquaculture has been identified as one of these value chains.
One of Project X's programmes is FEED-X, which is focused on scaling alternative feed ingredients into the global feed industry. Its mission is to shift 107 million tonnes to sustainable sourcing.
Karim Kurmaly, CEO of Veramaris, says, "Sustainability is at the heart of our mission; to mitigate reliance on fish oil and fish meal and make a sustainable, natural feed ingredient more accessible. Based on current and forecasted demand there is not sufficient sustainable volumes of wild caught fish to produce the fish oil needed for the further growth of aquaculture.
Veramaris was honoured to be chosen by Project X to take part in the FEED-X programme; this participation helps us to sharpen our focus. We hope it can build a coalition for change that helps us to access markets much faster and help us to make a difference to people, fish and oceans."
For more information on the FEED-X programme and upcoming events, visit https://projectxglobal.com/knowledge-exchange/