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CONFLICT DIAMONDS HAVE BEEN REDUCED FROM APPROXIMATELY 4% TO CONSIDERABLY LESS THAN 1% SINCE THE IMPLEMENTATION OF THE KIMBERLEY PROCESS IN 2003.

In 2000, governments, NGOs and the diamond industry recognized the need to put a process in place to prevent conflict diamonds - or what some call "blood diamonds" - from entering the legitimate diamond supply chain, therefore ensuring diamonds were not used to fund conflict. They agreed on a simple system called the 'Kimberley Process.' Under this system, rough diamonds are sealed in tamper-resistant containers and accompanied by forgery resistant, conflict free certificates with unique serial numbers each time they cross an international border. This was enshrined into national law in the participants' countries in 2003. In 2004, the Chair of the Kimberley Process announced that considerably less than 1% of diamonds are conflict diamonds, reduced from approximately 4% before the establishment of the Kimberley Process. While this is an improvement, it is still not enough. The diamond industry will not rest until conflict diamonds are eradicated completely.

Decreasing the trade in conflict diamonds in a diamond-producing country minimizes the ability of rebels to fund violence. By allowing only legitimately sourced diamonds to be traded, revenues from these diamonds can then be used to benefit the people of that country. Today, more than 99% of diamonds traded internationally are from conflict free sources. Revenues from these legitimately sourced diamonds contribute significantly to the economies, healthcare systems, education and other infrastructure developments in some of the countries where they are found.

More Facts

Sources
  • Joint resolution, World Federation of Diamond Bourses & International Diamond Manufacturers Association,Antwerp,19/07/00
Fact #1: An estimated 5 million people have access to appropriate healthcare globally thanks to revenues from diamonds.
Fact #2: Conflict diamonds have been reduced from 4% to considerably less than 1%...
Fact #3: An estimated 10 million people globally are directly or indirectly supported by the diamond industry.
Fact #4: The diamond mining industry generates over 40% of Namibia's annual export earnings.
Fact #5: Diamond revenues enable every child in Botswana to receive free education...
Fact #6: In July 2000, the global diamond industry announced its zero-tolerance policy towards conflict diamonds...
Fact #7: Sierra Leone is now at peace and exported approximately $125 million diamonds in 2006.
Fact #8: Approximately one million people are employed by the diamond industry in India.
Fact #9: Approximately $8.5 billion worth of diamonds a year come from African countries.
Fact #10: More than 99% of diamonds are now from conflict free sources...
Fact #11: The Diamond Development Initiative was established to improve...
Fact #12: The revenue from diamonds is instrumental in the fight against the HIV/AIDS...
Fact #13: Under the Kimberley Process, rough diamonds can only be exported and imported when accompanied by a certificate...
Fact #14: The charity Jewelers for Children funds a community based care program...
Fact #15: An estimated 65% of the world's diamonds come from African countries.
Fact #16: Today, 74 governments...
Fact #17: The diamond industry has introduced a system to help give greater assurances to retailers...
Fact #18: Diamonds account for 33% of the GDP...
Fact #19: Major world leaders - including Nelson Mandela - have cited the importance of diamonds...
Fact #20: It is estimated that one million people work in the informal (astisanal) alluvial diamond digging sector.
Fact #21: Some diamond producing countries are not Kimberley Process compliant.
Fact #22: In November 2007, 74 governments, leading NGOs, and the World Diamond Council agreed...
Fact #23: At the 2006 Kimberley Process Plenary, the industry committed funds and resources to address challenges...
Fact #24: In August 2007 Turkey was welcomed as a participant in the Kimberley Process.
 
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