Up Energy Improved Cookstoves Programme, Uganda – CPA No 043 supported by Republic of Korea

Audit Analysis

The Up Energy Improved Cookstoves project in Uganda demonstrates solid additionality (combined test, VVB-verified) and a quantified 5% leakage deduction, but is held back by the absence of a buffer pool, unaddressed reversal risk, and a significant discrepancy between the monitoring report's claimed ERR (600,815 tCO₂e) and the ex-ante lifetime estimate (113,098 tCO₂e). Multiple cross-document contradictions and a monitoring period that predates the current crediting period reduce confidence in the data chain.

Project Description

Red Flags

• ⚠The monitoring report (Dec 2022) reports a claimed ERR of 600,815 tCO₂e, while the ex-ante lifetime estimate and the appendix (Nov 2024) state 113,098 tCO₂e — a 5.3× discrepancy that is not reconciled in the available documents.
• ⚠Reversal events are explicitly 'not addressed' in the verification report, and no buffer pool percentage is stated, leaving permanence risk unquantified.
• ⚠The monitoring period (Jan–Dec 2022) predates the current crediting period (Dec 2024 – Dec 2029), creating uncertainty about whether the verified data applies to the active registration.
• ⚠Six contradictions were identified across documents, including conflicting leakage treatment, usage-monitoring method, and benefit-sharing descriptions.

Credit Vintages Exhausted