Bank of America's new environmental initiative includes new products and services for businesses and individuals, along with new plans for its internal operations. Here are some highlights:

FOR BUSINESS CLIENTS:

Commercial real estate banking: Personal help for customers developing environmentally friendly designs, such as real estate projects that meet certain environmental standards, energy-efficient buildings, redevelopment of blighted sites and energy-related tax credits.

Corporate and investment banking: Financing and advisory services for clients developing energy-efficient, low-carbon and low-emissions technology.

Carbon emissions trading: Introduce trading for carbon emissions credits. The idea is to control the amount of pollutants emitted by companies or other agencies. Each company that participates is given a certain number of credits that limit the amount of pollution it can put into the environment. Companies are allowed to trade unused credits.

Environmental lending consideration: The company will give favorable consideration to clients creating and implementing environmentally sustainable products, services and technologies.

FOR INDIVIDUAL CUSTOMERS:

Eco-friendly credit card: Bank of America will make a contribution to an environmental organization for every dollar a customer charges. The cards will have environmentally friendly incentives and features.

WorldPoints rewards: Cardholders whose credit cards give them bonus WorldPoints for each purchase will be able to donate their points to environmental organizations or redeem them for environmentally friendly merchandise.

Green mortgage program: Home buyers will receive a reduced interest rate or $1,000 rebate if they buy a home that meets Energy Star standards (which include specifications for lighting, heating, air ducts, appliances and windows).

Environmental home equity program: For customers who use their Visa Access Card to get money from their home equity line of credit, Bank of America will make an annual donation to a nonprofit environmental group.

Timberland Investment Solutions: Bank of America is looking at options for its investors that promote green investment solutions in companies that are environmentally friendly.

FOR BANK OF AMERICA:

Facilities: Committing $1.4 billion to meet the criteria set by the U.S. Green Building Council in all new offices and banking centers.

Charity: Donating $50 million to support nonprofit groups focused on forest preservation, innovative energy conservation and developing green affordable housing.

Conservation: Investing $100 million in energy conservation measures for all facilities.