Last year, the world experienced record-breaking heat and extreme weather events, prompting countries to agree at COP28 to shift away from fossil fuels. To honor this commitment and prevent catastrophic climate collapse, there must be no new expansions of coal, oil, and gas production. The controversial East African Crude Oil Pipeline (EACOP), if financed and completed, would not only increase greenhouse gas emissions but also pose significant risks to local communities and sensitive ecosystems.
it has been urging that insurance firms to withdraw support for the EACOP project due to its potential environmental and social impacts. The pipeline’s construction has already displaced thousands of people in Uganda, leading to food insecurity, household debt, and economic hardships. Delayed compensation and inadequate payments have left affected residents worse off than before, highlighting the detrimental consequences of the project on livelihoods and local economies. Civil society groups in Uganda and Tanzania are advocating against the pipeline’s construction, emphasizing the need to prioritize renewable energy sources to foster sustainable development and combat climate change.