Prince Albert and Princess Charlene attend Monaco Summit on Philanthropy

Albert II, Prince of Monaco and Princess Charlene have attended the first edition of the Monaco Summit on Philanthropy.

The summit, convened by the Prince and Princess, was held in Monaco to bring together leading names in international philanthropy for high-level discussions. It was organised with the support of the Tocqueville Foundation. Around 100 philanthropists from over 20 countries across five continents took part in the first edition of the summit.

In an opening address, Prince Albert said, “Philanthropy has a decisive role to play, because it enjoys a rare freedom. The freedom to act over the long term. The freedom to take risks. The freedom to support causes that do not yet receive the attention they deserve.”

Princess Charlene said, “For me, philanthropy begins with a willingness to care – and the humility to listen. Its strength lies not only in the resources we mobilise, but in the trust we earn, the relationships we nurture and the ideas we give a chance
to grow (…) My hope is that we leave this Summit feeling closer to one another, with a deeper understanding of what we can achieve together – and with insights we are ready to put into practice.”

During the summit, the Prince’s Prize for Innovative Philanthropy was awarded to the Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI). The award was accepted by Mr Ibrahim Al Balooshi, Director of Sustainability and Partnerships.