The certification scheme is meant to prevent conflict diamonds from entering the legitimate trade by ensuring that member states meet minimum requirements and agree to only trade with other members.
What can be done to stop conflict diamonds?
Governments should carry out periodic spot checks of diamond companies to make sure they have systems in place to prevent any trade in conflict diamonds. Governments participating in the Kimberley Process have agreed that it is a priority to set up government checks of rough diamond companies in 2007.
How can we stop the blood diamond trade?
Buying a KPCS certified stone can go a long way in avoiding blood diamonds. The members of the KPCS are countries involved in the mining and sale of diamonds, human rights organizations, and others associated with the gem industry.
Why is it difficult to stop the conflict of diamonds?
Why has it been difficult to stop the flow of conflict diamonds? Since rebels are forced to mine the conflict diamonds, they are able to illegally sneak in the diamonds by paying someone off. What is the most practiced economic activity of West Africa?
What options do you have to ensure that the diamonds you sell are not conflict diamonds?
One of the best ways to make sure that your diamond is completely conflict-free is to purchase a lab-grown diamond. Lab-grown diamonds are exactly the same as natural diamonds both chemically and in appearance, but are man-made in a lab rather than taken from natural sources.
Do blood diamonds still exist?
In the last decade, blood diamonds have been virtually eliminated from the global marketplace. Stricter regulation, as well as a renewed commitment from diamond manufacturers and retailers to work only with ethical suppliers, has transformed the global diamond industry for the better.
Are blood diamonds still a thing 2020?
In 2006, Leonardo DiCaprio made the term “Blood Diamonds” a household phrase. 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.
What are conflict free diamonds?
Conflict Free Diamonds are also sometimes referred to as “Blood Free Diamonds” or “Ethical Diamonds”. Conflict Diamonds are diamonds that originate and are mined from areas controlled by forces at war, or otherwise in armed conflict with the region’s existing officially recognized government.
How are blood diamonds managed?
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.
Can you buy conflict diamonds?
Most jewelers offer conflict-free diamonds, because many countries, including the United States, make it illegal to sell and trade conflict diamonds. Certain jewelers, however, take their efforts further to ensure that a diamond is mined and shipped ethically.
Are conflict diamonds illegal?
Conflict or “blood” diamonds are illegally traded to fund conflict in war-torn areas, particularly in central and western Africa, according to the World Diamond council, which represents the commercial diamond trade.
What percentage of the world’s diamonds are blood diamonds?
The diamond industry estimates that conflict diamonds represent 4 percent of the total trade in rough diamonds. Others have estimated that conflict diamonds could amount to as high as 15 percent of the total trade.
Are diamonds a conflict mineral?
Conflict minerals are mined in conflict zones and used by armed groups to fund violence and wars. … The most well-known conflict minerals often referred to as the ‘3Ts and gold’ – Tin, Tungsten, Tantalum and Gold – but can also include copper, cobalt, platinum and diamonds.
How do I make sure I don’t buy a blood diamond?
Buy New Diamonds
Countries around the world go to great lengths to ensure that blood diamonds are not sold. Many countries, including the U.S., closely monitor diamonds from the time that they are mined until they end up in a retailer’s inventory to make sure that the diamond is not being sold to fund war or terrorism.
Does Tiffany use blood diamonds?
Tiffany & Co. only offers conflict-free diamonds. We have taken rigorous steps to assure that conflict diamonds do not enter our inventory. … We have a zero-tolerance policy toward conflict diamonds, and source our diamonds only from known sources and countries that are participants in the Kimberley Process.
Are ethical diamonds really ethical?
But what is an ethical diamond? In a nutshell it means sustainable and ethical mining practices, humanitarian efforts, the safe treatment of miners, and more stringent diamond sourcing practices.