Food production in Europe is dependent on imported phosphorus (P) fertilizers, but P use is inefficient and losses to the environment high. Here, we discuss possible solutions by changes in P management. We argue that not only the use of P fertilizers and P additives in feed could be reduced by fine-tuning fertilization and feeding to actual nutrient requirements, but also P from waste has to be completely recovered and recycled in order to close the P balance of Europe regionally and become less dependent on the availability of P-rock reserves. Finally, climatesmart P management measures are needed, to reduce the expected deterioration of surface water quality resulting from climate-change-induced P loss.