- Matchmaking with investors and funders
While funding for sustainable development is available and investors are eager to contribute, there is a lack of investment-ready projects, especially from local and regional governments. These actors often face challenges in meeting the technical, legal, and financial requirements of investors and Project Preparation Facilities, which tend to prioritize projects that fit their existing portfolios rather than those with potential impacts.
Led by ICLEI – Local Governments for Sustainability and supported by a consortium of specialized partners, Transformative Actions Program (TAP) is a global initiative to help local and regional governments transform their concepts into solid and investment-ready projects.
Projects are mobilized through annual calls and screened by experts in sustainable finance. Those with great potential for impact qualify for tailored feedback and, once considered investment-ready, are connected to project preparation facilities and financial partners that will support their implementation. Throughout this process, TAP also provides tailored guidance, capacity-building opportunities, and access to tools and knowledge products.
Eligibility criteria are outlined in TAP's annual calls and should be referred to via the program website.