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Liberia comes clean-er

(August 7, 2008) Liberia has risen from the bottom ranks of the World Bank’s most corrupt country list to earn the distinction of graft’s most zero-tolerant post-conflict nation, reports Africa’s opinion journal, The Analyst. A recent report by the Bank’s Worldwide Governance Indicators Institute (WGI) indicates that at the current rate, Liberia has shown the largest improvement of any country in the world in controlling corruption.

At least in Bangladesh wrongdoers are encouraged to return the money

(August 6, 2008) The president of Bangladesh this month appointed a three-member Truth and Accountability Commission in an effort to claw back ill-gotten gains from corrupt businessmen and politicians who could receive clemency if they confess their wrongdoing and refund money obtained illegally. The country’s military-backed government, which launched a nationwide anti-graft campaign after taking power in January 2007, hopes the commission will help clear a massive backlog of corruption cases, Independent Online reports.

Carbon Offsets: The U.S. Voluntary Market Is Growing, but Quality Assurance Poses Challenges for Market Participants

(August 1, 2008) GAO was asked to examine (1) the scope of the U.S. voluntary carbon offset market, including the role of the federal government; (2) the extent to which mechanisms for ensuring the credibility of offsets are available and used and what, if any, related information is shared with consumers; and (3) trade-offs associated with increased oversight of the U.S. market and including offsets in climate change mitigation policies. This report is based on analysis of literature and data, interviews with stakeholders, and GAO’s purchase of offsets.