What is the TAP?

The Transformative Actions Program (TAP) is an innovative initiative that aims to catalyze and improve capital flows to cities, towns and regions and strengthen their capacity to access climate finance and attract investment.

 

Through the TAP and its partners, local and regional governments can receive support to develop climate project concepts into low risk, high feasibility, high impact sustainable infrastructure projects ready for financing and implementation.

 

The TAP is specifically designed to connect local and regional governments, technical experts and financial institutions.

The four TAP pillars

TAP project pipeline

The TAP Project Pipeline serves as a project preparation and certification facility, which includes evaluation, feedback and quality assurance to projects in the pipeline and delivers high-quality projects bearing the “TAP Approval” seal.

TAP Platform

The online TAP Platform displays select TAPplications in the pipeline in a centralized, uniform format that optimizes visibility to potential investors and funders.

It is a first stop for local and regional governments and funders seeking information on projects with the potential to shape global development towards a low-carbon and resilient
future.

TAP Services

TAP partners engage with participants through a number of capacity development, technical support, relationship building and knowledge exchange opportunities.

TAP Services are tailored to the specific needs of each city, town and region, as the TAP is designed to match the individual priorities of participants.

TAP advocacy

TAP Advocacy amplifies the message that local and regional governments need effective financing mechanisms to achieve progress toward local, national and global climate goals. TAP Projects also gain global visibility through TAP events.

Through its four pillars, the TAP works to:

  • Provide evaluation, feedback and quality assurance services for transformative action project proposals.
  • Lower the barrier to effective and efficient cooperation between local and subnational governments and public and private financial institutions.
  • Build trust among local and subnational governments, financial institutions and investors to lower risk.
  • Contribute to the creation of new financing mechanisms and the improvement of existing instruments.
  • Strengthen the impact of local climate projects and better position local and subnational governments to attract investment and funding.
  • Raise the visibility of transformative actions and innovative local financing mechanisms to encourage investment, funding and replication.
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