What are conflict diamonds?
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Conflict diamonds are 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,...
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Conflict diamonds are 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 United Nations Security Council. To learn more visit Conflict Diamonds: What Are Conflict Diamonds. Return to Top | Conflict diamonds came to the attention of the world's media in the late 1990s during the extremely brutal conflict in Sierra Leone. Conflicts have occurred in some of the poorest parts of Africa for many decades. In recent times these conflicts have often focused on rebels controlling their country's natural resources, for example oil, wood, minerals and diamonds. Often rebels will trade these assets for arms and influence. Some rebel groups sold diamonds to generate funds for buying their arms these diamonds are known as conflict diamonds. To learn more visit Conflict Diamonds: Background. Return to Top | In 2000 the industry recognized the need for a process to be put in place that ensured diamonds were not used to fund rebel activity and alongside governments and NGOs helped create the Kimberley Process. By 2002, 52 governments had ratified and adopted the Kimberley Process Certification Scheme. Today 71 governments, plus NGOs and the diamond industry are all committed and legally bound to the UN mandated process. In 2000, the global diamond industry announced its 'zero tolerance' policy towards conflict diamonds and declared it would not trade with any business whose diamonds were not compliant with the Kimberley Process. In the same year, the World Diamond Council (WDC) was created specifically to address the issue of conflict diamonds on behalf of the entire diamond industry. The World Diamond Council and its members initiated a system of assurance to all its purchasers up to and including jewellery retailers that the diamonds being sold are from conflict free sources. This involves a written statement on all invoices declaring that the diamonds are from conflict free sources. This is referred to as the 'System of Warranties'. To learn more visit Conflict Diamonds: Eliminating Conflict Diamonds.
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Highlights:
The Kimberley Process is a certification system that prevents conflict diamonds from entering the legitimate diamond supply chain. The Kimberley Process ensures that only rough diamonds accompanied by a government-issued...
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