Low activation materials are attractive for the development of fusion power plants because of their advantages in environmental and safety concerns. The waste management aspects of fusion power plants constructed using candidate low activation materials, namely vanadium alloy and RAFS were reviewed. The objective of this review is to (1) understand the present tendency of waste management strategies being developed in the U.S., European Union and Japan, (2) identify consensus and discrepancies in determining these strategies, and (3) recommend joint effort in establishing an high quality and internationally acceptable strategy.