The Kimberley Process (KP) is an international, multi-stakeholder initiative created to increase transparency and oversight in the diamond industry in order to eliminate trade in conflict diamonds, or rough diamonds sold by rebel groups or their allies to fund conflict against legitimate governments .
What is the Kimberley Process doing to stop the sell of conflict diamonds?
The Kimberley Process is an international certification scheme that regulates trade in rough diamonds . It aims to prevent the flow of conflict diamonds, while helping to protect legitimate trade in rough diamonds. ... The KPCS has developed a set of minimum requirements that each participant must meet.
What is wrong with the Kimberley Process definition of a conflict diamond?
Over 75 of the world’s diamond producing, trading and manufacturing countries participate in the scheme. Its limitations: It has a narrow definition of conflict diamonds: Conflict diamonds are defined by the Kimberley Process as ‘ rough diamonds used by rebel movements to finance wars against legitimate governments’ .
What is the Kimberley Process and why has it been criticized?
The process has two main flaws. First, its narrow terms of certification focus solely on the mining and distribution of conflict diamonds , meaning that broader issues around worker exploitation – the health and safety of working conditions, the use of child labour and fair pay – are not addressed.
What are conflict diamonds traded for?
Blood diamond, also called conflict diamond, as defined by the United Nations (UN), any diamond that is mined in areas controlled by forces opposed to the legitimate, internationally recognized government of a country and that is sold to fund military action against that government .
Do blood diamonds still exist 2020?
A lot has been done to address the issue of blood diamonds and conflict diamonds since then, but unfortunately, we still have a ways to go . ... The diamond trade is an 81 billion dollars industry with 65% of mined diamonds coming from Africa.
Are Tiffany blood diamonds?
So the Tiffany Diamond may not technically be a blood diamond according to the U.N., But this is a definition that deserves to be expanded, as Washington Post opinion columnist Karen Attiah noted.
Are blood diamonds illegal?
Diamonds that are not conflict-free are known as blood diamonds, which means they are illegally sold in order to finance devastating wars and terrorism .
Are all diamonds blood diamonds?
These campaigns insist that anyone buying diamond jewelry must be careful to select only those diamonds certified by the accepted, legal Kimberley Process Certification Scheme (KPCS). ... All diamonds are blood diamonds . All diamonds are conflict diamonds.
Is the Kimberley Process a law?
The Clean Diamond Trade Act was signed into law on July 29, 2003 which prohibits the “importation into, or exportation from, the U.S. of any rough diamond , from whatever source, unless the rough diamond has been controlled through the Kimberley Process Certification Scheme (KPCS).” Rough diamonds, which have become ...
Has the Kimberley Process worked?
The Kimberley Process came into effect ten years ago to stem the flow of rough diamonds used by rebel movements in Africa to finance wars against legitimate governments. So has it worked? Critics insist it has not . ... A report from the campaign group Global Witness says much of this is still going on in parts of Africa.
Why is it called the Kimberley Process?
The Kimberley Process is named for Kimberley, Northern Cape province, South Africa, where representatives of southern African diamond-producing countries met in 2000 to address the threat posed to the worldwide diamond industry by gems that were being mined and smuggled into legitimate channels in order to finance ...
Is Blood diamond a true story?
Diana Brown “The True Story of Blood Diamonds” 20 March 2018.
Why are mined diamonds bad?
Environment. Due to poor planning and weak regulation, diamond mining has caused environmental devastation , severely damaging the land and water. This irresponsible mining has caused soil erosion and deforestation, and has forced local communities to relocate.
What are blood diamonds worth?
“Diamonds worth millions of U.S. dollars have been smuggled before and nothing happened.” Diamond experts say the gem could be the 10th-largest ever discovered and initially pegged its value at $50 million .
Why is it called a blood diamond?
These diamonds are often the main source of funding for the rebels; however, arms merchants, smugglers, and dishonest diamond traders enable their actions. Enormous amounts of money are at stake, and bribes, threats, torture, and murder are modes of operation . This is why the term “blood diamonds” is used.
