As early as 2025, a group of companies will start producing oil in the Lake Albert region of Uganda. The economic benefits from this activity will be enormous for the Ugandan people and other stakeholders and participants. However, according to reliable industry sources, one less desirable byproduct will be the release of 900,000 tonnes of carbon dioxide gas to the atmosphere each year for the next 30 years. And these emissions don't just start with the production of oil – they began and will increase rapidly during the construction activity up to 2025.
One point to remember is that in December 2015, Uganda along with 195 other Parties signed a legally binding international agreement on climate change. The goal of this agreement is to limit global warming by restricting greenhouse gas emissions (including carbon dioxide). Uganda pledged to reduce such emissions by 22% compared to its “business as usual” history. The Lake Albert activity described above increases the difficulty for Uganda to meet its commitments to the world community unless all participants work together to identify projects that will offset these very large emissions from Lake Albert.
EnPath is committed to working with all parties to identify suitable opportunities both within and outside of Uganda to offset and reduce emissions from the Lake Albert activities. Suitable nature based solutions and other forestation projects within Uganda are prime candidates in this effort.
GHG emissions in construction phase before production starts:~520,000 tCO2e
Average GHG emissions during production: 900,000 tCO2e per year for an estimated 30 years
Uganda “Business as Usual” forecast for total GHG emissions in 2030: 77.3 million tCO2e per year
Uganda’s 2015 Paris Agreement NDC for GHG emissions for 2030: 60.3 million tCO2e per year