MORE THAN 99% OF DIAMONDS ARE NOW FROM CONFLICT FREE SOURCES AND TRADED UNDER THE UN-MANDATED KIMBERLEY PROCESS.
In 2004, the Canadian Government, as chair of the Kimberley Process, cited that 99.8% of the world's rough diamonds are certified to be from sources not involved in funding conflict.
The Kimberley Process requires that each time a rough diamond is traded, it is accompanied by a certificate with a legally binding guarantee that it is from a conflict free source. Participant countries or diamond traders that do not comply with the Kimberley Process are breaking the law.
As of November 2006, 71 countries were members of this system that ensures that conflict diamonds are ring-fenced and as such, unable to enter the diamond supply and be used to fund conflicts. When any concerns arise regarding a country's adherence to the Kimberley Process, they are investigated and dealt with at an inter-governmental level.
- Kimberley Process www.kimberleyprocess.com