What are conflict diamonds?
Conflict diamonds – also known as blood diamonds – are diamonds that are used to fuel violent conflict and human rights abuses. They have funded brutal wars in Liberia, Sierra Leone, Angola, Democratic Republic of Congo and Côte d’Ivoire that have resulted in the death and displacement of millions of people. Diamonds have also been used by terrorist groups such as al-Qaeda to finance their activities and for money-laundering purposes. Did someone Die for that Diamond?
Some diamonds have helped fund devastating civil wars in Africa, destroying the lives of millions. Conflict diamonds are those sold in order to fund armed conflict and civil war. Profits from the trade in conflict diamonds, worth billions of dollars, were used by warlords and rebels to buy arms during the devastating wars in Angola, the Democratic Republic of Congo (DRC) and Sierra Leone. Wars that have cost an estimated 3.7 million lives.
problem of conflict diamonds hasn't gone away. Diamonds mined in rebel-held areas in Côte d'Ivoire, a West African country in the midst of a volatile conflict, are reaching the international diamond market. Conflict diamonds from Liberia are also being smuggled into neighboring countries and exported as part of the legitimate diamond trade.
What's being done to stop conflict diamonds?
A major milestone occurred in 2003, when a government-run initiative known as the Kimberley Process was introduced to stem the flow of conflict diamonds. The Kimberley Process Certification Scheme (KPCS) imposes requirements on participants to certify that shipments of rough diamonds are conflict-free. Wars in most of those areas have ended or at least decreased in intensity, but conflict diamonds from Côte d'Ivoire, in West Africa, and Liberia are still reaching the trade labeled as conflict-free diamonds. In 2000, South African countries with a legitimate diamond trade began a campaign to track the origins of all rough diamonds, attempting to...
Please join StudyMode to read the full document