Diamond Certification Scheme Failing, Watchdog Warns

International efforts to certify diamonds as “conflict free” — known as the Kimberley Process — are failing, raising the specter of a return of “blood diamonds” to the international market, Partnership Africa Canada warns in its latest annual review of the certification scheme. “The cost of a collapse would be disastrous for an industry that benefits so many countries, and for the millions of people in developing countries who depend, directly and indirectly, on it. A criminalized diamond economy would re-emerge and conflict diamonds could soon follow. The problems can and must be fixed,” the report warns (.pdf). The Kimberley […]

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