As we celebrate the fourth International Day of Awareness of Food Loss and Waste today, it is important to highlight the Food and Agriculture Organization (FAO) theme “Reducing Food Loss and Waste: Taking Action to Transform Agrifood Systems.” Today’s special episode of the USAID Kitchen Sink FLW Podcast explores the economic case for FLW: what are the economic impacts, what are the trade-offs, and how can we achieve the economic benefits of reducing FLW. In this episode, FAO Chief Economist Maximo Torero Cullen is interviewed by USAID Senior Science Advisor and FLW Co-Lead Ahmed Kablan. Together, we discuss the argument for investing in FLW reduction and the considerations for return on investment. We conclude our episode by announcing FAO’s new Food Loss App (FLAP), which can help farmers identify problem areas for food loss and offer videos and technical information to provide solutions to reduce FLW.