Transformative Actions Program (TAP)
Turning your sustainable infrastructure idea into reality.
The 2024 TAP call is open until 31 October
First Green Finance Innovation webinar: Japan’s transition bonds
In this first webinar of our Green Finance Innovation series, held on 4 September at 8:30 UTC+2, we deep-dive into transition bonds, a subset of green bonds focused on facilitating the shift from less sustainable to more sustainable practices, enabling lower emissions from polluting and hard-to-abate sectors.
The webinar presents Japan’s experience, featuring Kyoto and Sumitomo Mitsui Banking Corporation, as well as Indonesia’s province of Bali.
What is TAP?
The Transformative Actions Program (TAP) brings together financial institutions, project preparation facilities, and the private sector to assist subnational governments and local businesses in turning their sustainable infrastructure ideas into solid and investment-ready projects.
How does it work?
Projects are mobilized through annual calls and screened by experts in sustainable finance. Those with great potential for impact can receive personalized feedback and, once considered investment-ready, are connected to project preparation facilities and financial partners that will support their implementation.
Just three steps
Featured work
Successful local government fundraising and project pitching
Using the example of Brasilia, the federal capital of Brazil, this knowledge product gives practical tips on successful fundraising and project pitching.
Climate Finance Decision making tree
Also in Français | Español | Português | 中文
This decision-making tree guides local and regional governments through a series of questions that help them consider and find the most suitable financing tools.
Bankability Checklist
Although there is no commonly approved definition of bankability, this checklist collects the benchmarks funders looks at before financing a climate project.
Who is behind the TAP?
ICLEI – Local Governments for Sustainability leads the initiative supported by a consortium of specialized partners.
Funding partners
Partners
Why partner with us
WHAT THEY SAY ABOUT US
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The prospects of Makindye Municipality in Uganda to access climate funding for its Rail project were boosted after the project was showcased at the Daring Cities Event 2020.
Head of Innovation and Resource Mobilisation committee, Makindye Ssabagabo Municipal Council, Uganda
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Makindye Ssabagabo was elevated to a municipality in 2016, raising the community's expectations who anticipated immediate quality services. We identified the critical projects but were resource-constrained. Through TAP, we have fine-tuned key project concepts and interacted with potential funders.
Head of Innovation and Resource Mobilisation committee, Makindye Ssabagabo Municipal Council, Uganda
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Listening to the pitches [of local governments’ climate projects] has been very insightful for us, as we focus on early-stage project preparation. On the one hand, we got insights into a number of projects presented by very different actors with their own points of view on project preparation. On the other hand, we got a better understanding of the difficulties these diverse actors encounter, which we can take into account when developing trainings or providing support to municipalities.
Senior Policy Advisor, Covenant of Mayors in Sub-Saharan Africa
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We learned a lot about challenges on the ground and discussed ways to improve the overall planning process. A key factor is early-stage community engagement and the usage and implementation of social and environmental safeguards.
Urban Environment Specialist, Cities Alliance
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The exposure and feedback we received from the financial experts were very constructive in helping us to develop our project proposal even further.
Environmental Management Officer, Overberg District Municipality, South Africa
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Project Developer and Director of the Mayor’s International Relations Office, Bukavu, D. R. Congo
As a project developer and manager in the city of Bukavu (DR.Congo), one thing I could not realize is that I was having limited knowledge about the needs and requirements of funders.
