Strengthening Human Capital Development in Georgia

About this project

Contract related to: Strengthening Human Capital Development in Georgia - This action is the 2022 annual contribution to the Neighbourhood Investment Platform (NIP) for the Neighbourhood East.The NIP forms an integral part of the European Fund for Sustainable Development ("EFSD+") being its blending arm in the Neighbourhood in complementarity of budgetary guarantees.The Overall Objective of the NIP is to mobilise investments in infrastructure in transport, energy, environment, with a particular focus on climate change mitigation and adaptation, and to support social and private sector development in Eastern and Southern Partner Countries. In particular, the NIP will support the implementation of the Economic and Investment Plan (EIP) and its country flagships.The NIP is designed to combine EU grants or financial instruments with other public and private financing. By reducing, through co-financing, the overall cost or risk of the project or by subsidising interest rates or financing technical assistance or providing financial instruments, the NIP will encourage the partner country governments, private sector and/or public institutions to carry out essential investments that would otherwise not happen.

Goals

Sustainable Development Goals this project works towards

• 1No Poverty
• 5Gender Equality
• 8Decent Work and Economic Growth

Published by

European Commission - Directorate-General for Neighbourhood and Enlargement Negotiations · Other public sector

Countries

Georgia

Sectors

Social Protection

Focus

Gender equality · Also contributesEnvironment · Also contributesGood governance · Also contributesClimate mitigation · Also contributes

Places

GE - EU4Culture

Funded by

European Commission

Implemented by

AGENCE FRANCAISE DE DEVELOPPEMENT

Accountable

Regional Development Bank

Passes funds through

Directorate-General for Neighbourhood and Enlargement Negotiations

Published by European Commission - Directorate-General for Neighbourhood and Enlargement Negotiations to the International Aid Transparency Initiative (IATI), last updated 30 Jan 2025 and imported automatically. IATI identifier: XI-IATI-EC_NEAR-2023-PC-30384.

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