Up Energy Improved Cookstoves Programme, Uganda – CPA No 025 supported by Republic of Korea

Audit Analysis

The Up Energy cookstove project in Uganda demonstrates solid additionality (combined test confirmed by the VVB) and a quantified 5% leakage deduction, but suffers from notable permanence gaps: no buffer pool is stated and reversal events are not addressed, which is a material concern for a household cookstove programme where stoves can break or be abandoned. The absence of a verified ERR figure for the current crediting period and the fact that the only monitoring data (2022) predates the 2024–2029 crediting window limit confidence in current performance.

Project Description

Red Flags

• ⚠Reversal events are explicitly not addressed and no buffer pool percentage is stated, leaving the project exposed to permanence risk if cookstoves are damaged, replaced with open-fire cooking, or abandoned during the 5-year crediting period.
• ⚠No verified ERR figure is available for the current crediting period (2024–2029); the only monitoring data on file covers 2022, which predates the current period, so actual performance cannot be confirmed.
• ⚠CORSIA eligibility is confirmed while CCP status is not stated, creating a dual-channel allocation risk if credits are later registered in both systems.
• ⚠Two corrective actions remain open at the time of the verification report: a methodology paragraph citation error in the PoA-DD and a missing SDG outcome and Safeguarding Principles assessment.

Credit Vintages Exhausted