Activity under preparation OLD BGK Contract related to: OLD BGK - Neighbourhood Investment Platform (NIP) ¿ 2021 East This action is the 2021 annual contribution to the Neighbourhood Investment Platform (NIP) for the Neighbourhood East. The Overall Objective of the NIP is to facilitate additional 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 growth of micro, small, and medium size enterprises (MSMEs) by making available a range of financial instruments notably through risk-sharing capital mechanisms.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 and/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 in sectors which would otherwise be postponed due to lack of resources.The NIP forms an integral part of the European Fund for Sustainable Development ("EFSD"), the purpose of which is to support investments and increase access to financing, primarily in the European Neighbourhood and Africa in order to foster sustainable, inclusive economic and social development and promote the socioeconomic resilience of partner countries.