This report examines the impacts of wasting and improper waste management on climate change. It finds that reducing waste sent to landfills and incinerators could reduce greenhouse gas emissions equivalent to closing 21% of US coal-fired power plants. A zero waste approach prioritizing reduction, reuse, recycling and composting is identified as one of the fastest, cheapest and most effective strategies for mitigating climate change in the short term. The report calls for new policies and tools to support climate-friendly waste management.