{"id":6525,"date":"2021-09-07T13:58:38","date_gmt":"2021-09-07T05:58:38","guid":{"rendered":"https:\/\/icleiseas.org\/?p=6525"},"modified":"2021-09-07T14:57:11","modified_gmt":"2021-09-07T06:57:11","slug":"2021-transformative-actions-program-call-for-applications-now-open","status":"publish","type":"post","link":"https:\/\/icleiseas.org\/index.php\/2021\/09\/07\/2021-transformative-actions-program-call-for-applications-now-open\/","title":{"rendered":"2021 Transformative Actions Program call for applications now open"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">On 1 September, ICLEI launched the 2021 <a href=\"http:\/\/tap-potential.org\/\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #00ccff;\">Transformative Actions Program (TAP)<\/span><\/a><\/span><span style=\"font-weight: 400;\">\u00a0call for applications. The TAP supports local and regional governments in developing concepts into high impact sustainable infrastructure projects.\u00a0<\/span><\/p>\n<p><strong>The issue: a shortage of bankable projects<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">Project preparation is a key instrument for closing the current gap between the financial investments needed to achieve the goals of the Paris Agreement and what is actually invested in local projects. This gap is not due to a lack of interested financiers. Counterintuitively, funds are available and investors are ready\u2014the shortage is of bankable projects, as highlighted by a <\/span><a href=\"https:\/\/bit.ly\/2x3xlSe\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400; color: #00ccff;\">report<\/span><\/a><span style=\"font-weight: 400;\"> authored by the Cities Climate Finance Leadership Alliance (CCFLA).\u00a0<\/span><\/p>\n<p><strong>Close the gap, join the TAP<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">The TAP aims to improve project bankability by supporting local and regional governments with <\/span><a href=\"https:\/\/tap-potential.org\/resources\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400; color: #00ccff;\">specific tools<\/span><\/a><span style=\"font-weight: 400;\"> and services designed to increase the maturity of their proposed concepts, as well as increasing their visibility to potential investors and connecting them to project preparation facilities and financial institutions.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Led by ICLEI, the TAP is based on partnerships that connect the goals of diverse stakeholders into one coherent value chain for developing robust, transformative and bankable projects that will accelerate net-zero and climate-resilient development. Since the first TAP call in 2015, 27 TAP projects have been successfully financed and implemented, while more than 80 have been connected to financial institutions and partners, receiving global attention. Hundreds of projects have already been screened and 70 are now in the TAP pipeline with an estimated investment volume of 2.6 billion Euros.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The most recent call for applications was announced on 1 September 2021 and is open until 30 November 2021. Local and regional governments interested in applying to the TAP can learn more at <\/span><a href=\"http:\/\/tap-potential.org\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400; color: #00ccff;\">tap-potential.org\/<\/span><\/a><span style=\"font-weight: 400;\">. The Technical Guide that provides a brief overview of TAP, explains how the application and screening process works, and describes the services offered by the program can be accessed <a href=\"https:\/\/tap-potential.org\/about-tap\/documents\/\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #00ccff;\">HERE<\/span><\/a>.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On 1 September, ICLEI launched the 2021 Transformative Actions Program (TAP)\u00a0call for applications. The TAP supports local and regional governments in developing concepts into high impact sustainable infrastructure projects.\u00a0 The issue: a shortage of bankable projects Project preparation is a key instrument for closing the current gap between the financial investments needed to achieve the [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":6533,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[52,51,87],"tags":[421,419,418,420,422],"class_list":["post-6525","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured-news","category-news","category-opportunities","tag-call-for-applications","tag-sustainable-infrastructure","tag-tap","tag-tools","tag-transformative-actions-program"],"_links":{"self":[{"href":"https:\/\/icleiseas.org\/index.php\/wp-json\/wp\/v2\/posts\/6525","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icleiseas.org\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icleiseas.org\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icleiseas.org\/index.php\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/icleiseas.org\/index.php\/wp-json\/wp\/v2\/comments?post=6525"}],"version-history":[{"count":8,"href":"https:\/\/icleiseas.org\/index.php\/wp-json\/wp\/v2\/posts\/6525\/revisions"}],"predecessor-version":[{"id":6535,"href":"https:\/\/icleiseas.org\/index.php\/wp-json\/wp\/v2\/posts\/6525\/revisions\/6535"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/icleiseas.org\/index.php\/wp-json\/wp\/v2\/media\/6533"}],"wp:attachment":[{"href":"https:\/\/icleiseas.org\/index.php\/wp-json\/wp\/v2\/media?parent=6525"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icleiseas.org\/index.php\/wp-json\/wp\/v2\/categories?post=6525"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icleiseas.org\/index.php\/wp-json\/wp\/v2\/tags?post=6525"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}