Merrill Lynch launches offset service

Investment bank Merrill Lynch will cooperate with carbon consultancy ICF International to launch Merrill Lynch Green & Gold, a carbon offsetting service for companies in the Americas, Asia and Europe that are not currently bound by mandatory emissions-reduction regulation.

Merrill Lynch Green & Gold will help companies develop a carbon strategy that identifies financial opportunities and "enhances their brand in light of growing concerns about climate change", according to the bank.

ICF Internatio