The activities of the GMCF are based on selection criteria that aim to increase the adoption and scale-up of low-carbon initiatives, but also to create co-benefits for communities. The GMCF’s activities are based on the following guidelines:
- GHG reductions: The potential of which is increased in urban areas.
- Profitability and cost-benefit advantages: Income-generating activities, those that generate savings, as well as initiatives that make it possible to reduce tons of GHGs at low costs are encouraged.
- Investment Catalyst: Low-carbon, investment-ready urban solutions that can quickly be taken to the next level by public or private investors.
- Impact economics: Activities that aim to increase jobs and entrepreneurship.
- Co-benefits: Prioritization of opportunities that contribute to public health and the well-being of communities.