What are Conflict Diamonds?
Conflict diamonds are illegally traded diamonds exploited to fund conflict in war-torn areas, particularly within the central and western Africa continent. The United Nations (UN) defines conflict diamonds as "...diamonds that originate from areas controlled by forces or factions opposed to legitimate and internationally recognized governments, and are used to fund military action in opposition to those governments, or in contravention of the decisions of the Security Council." These diamonds are sometimes referred to as "blood diamonds."
Eliminating Conflict Diamonds
In July of 2000, the global diamond industry articulated a zero tolerance policy toward conflict diamonds to the international community. Dedicated to eradicating the trade in conflict diamonds, diamond industry leaders worked closely with the United Nations, governments and non-governmental organizations (NGOs) such as Global Witness and Partnership Africa Canada to create the Kimberley Process Certification System. This system, formally adopted in 2003, works against conflict diamonds entering the legitimate diamond supply chain. The diamond industry also adopted a voluntary System of Warranties to assure consumers that their diamonds are from sources free of conflict.
Today 71 governments have incorporated the Kimberley Process Certification System into national law. It is currently held that 99% of the world's diamonds hale from conflict free sources. Still, the fact remains that even one conflict diamond in the world is one too many. Concerned professionals within the diamond industry continue to work with governments, NGOs and the UN to strengthen the Kimberley Process and the System of Warranties.
While diamonds have been used to fund conflict, the problem is not the diamonds themselves but the rebels who exploit diamonds (along with other natural resources) to achieve their illicit goals. It is a sad that many of the world's most precious resources involve the exploitation and abuse of unskilled laborers and the world's underclasses. Many professionals in the diamond industry, including Martin Rapaport, are working hard to advocate for workers in the diamond trade, specifically those in Sierra Leone. The vast majority of diamonds come from countries at peace. These countries have been able to invest the revenue from diamonds into the development of infrastructure, schools and hospitals for the good of the communities in which diamonds are found. These countries include Australia, Botswana, Canada, Namibia, Russia, South Africa and Tanzania.
Today, more than 99% of the world's diamonds now come from conflict free sources and are officially traded under the UN mandated Kimberley Process.
Learn more about buying diamonds from sources free from conflict, and about the important role diamonds play in many developing economies.
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