The Energy and Resources Institute (TERI) was established in 1974 in New Delhi, India. TERI's mission is to solve problems related to depletion of resources and polluting methods of resource use through entrepreneurial skills and intellectual property development. TERI conducts research in 15 areas including biotechnology, earth sciences, climate change, energy, habitat development, IT, water resources, and more. It has established research centers and buildings in India and abroad to work on innovative solutions for sustainable development.