The Foundation promotes sustainable and equitable management of natural resources and places the individual at the centre of its projects. It encourages the implementation of innovative and ethical solutions in three main areas: climate change and developing renewable energies; the loss of biodiversity; water management and fighting desertification. The Prince Albert II of Monaco Foundation supports and develops the initiatives of public and private organizations and companies, in the fields of research and studies, technological innovation and socially-aware practices. In order to stimulate and develop innovation, the Foundation supports scientific and technical monitoring at an international level. By 2009, it had extended its international outreach by opening chapters in Switzerland, France, Germany, Italy, the United Kingdom, Canada and the United States of America.