WRAP is confident it will continue promoting economic growth and resource efficiency despite reduced funding levels, the organisation said in its annual report for 2013.
Figures for the year ending 31 March 2013 indicate that WRAP’s total income stood at £63.2m, down from £65.6m in 2012.
“The reduction in income compared to the previous year reflects a reduction in the Defra funded programmes,” said WRAP.
The organisation spent £47.7m on programmes, some £2m less than the previous year.
Some of the main projects mentioned in the report are:
- Textiles research highlighting that some £238m worth of textiles are thrown out and sent to landfill every year,
- New guidance for local authorities and textile collectors aimed at helping them increase textile reuse and recycling,
- A new voluntary agreement targeting the hospitality and food service industry aimed at cutting food and associated packaging waste by 5%,
- The launch of the third phase of the Courtauld Commitment.
In the report’s opening statement, WRAP chairman Peter Stone (left) also mentioned Defra’s review of its financial support for 2015/16, which will lead to a further decrease in funding granted to the organisation from its current level of £25.7m to £15.5m in 2015/16.
“This is neither unexpected nor surprising given the UK Government’s commitment to reducing the budget deficit,” said Stone.
“Despite the inevitable cut, we view the settlement as a huge vote of confidence in the work WRAP does. Less money means rightly that we will need to focus on fewer priorities and we will be discussing the detail of our future work with Defra over the coming months.”
He added that WRAP would still receive significant funding to make a major contribution to boosting economic growth and achieve improved use of resources.