The Kimberley Process is a multi-stakeholder international mechanism aimed at curbing the flow of conflict diamonds. It is based on a Certification scheme and multi-stakeholder approach. It has come under criticism from the third sector, which cannot compromise with corporate programs based on revenues and profits. In addition, there has been increased opposition from the CSC group, an umbrella organization for the non-business components of the Kimberley Process.
The United Nations Security Council has enacted a new resolution that aims to curtail the flow of conflict diamonds. The new resolution urges member states to impose new laws and administrative mechanisms that ensure that conflict diamonds are not sold to unwary buyers. In addition, it encourages states hosting diamond markets to impose penalties on rough diamonds imported in violation of resolution 1173.
The United Nations’ panel has concluded that conflict diamonds are an important source of financing for rebel groups. The diamonds are easy to transport and hide. This has made the exploitation of these precious stones a profitable industry for the rebels. The UN panel also says the diamond trade has helped rebel groups finance militias and armed forces.
The controversial trade of conflict diamonds has become a major issue since the September 11 attacks. Media reports have suggested that al Qaeda and other terrorist organizations used diamonds to transfer wealth and resources around the world.
The multi-stakeholder approach to the Kimberly process is an approach that brings together multiple groups that have a stake in the process. Stakeholders represent different aspects of a process, including environmental, social, economic, and political aspects. These groups can range from multinational corporations and governments to trade associations and professional bodies. They can also include religious bodies and civil society organizations.
Multi-stakeholder groups are often formed to address complicated public policy issues. The Forest Stewardship Council is a notable multistakeholder group. Others include the Internet Governance Task Force, Scaling Up Nutrition, and the Global Alliance on Vaccines. In other cases, governments support multistakeholder groups, such as UNCTAD’s Forum on Sustainability Standards.
The multi-stakeholder approach to the Kimberly process is important for various reasons. It helps to build trust between stakeholders. It also helps to foster cooperation. It allows for more innovative ideas and solutions.
The Kimberley Process Certification Scheme was established in 2003 in order to prevent conflict diamonds from entering the rough diamond market. The scheme was created in response to a report published by the United Nations General Assembly in 2003 known as the Fowler Report. This report exposed the problem of conflict diamonds in Africa and was the impetus for the scheme’s creation.
The scheme was created by a diverse group of actors, and it is aimed at preventing so-called conflict diamonds from lab grown diamonds UK accessing international markets. This means that countries that cannot prove compliance can be excluded from the scheme or face a trade boycott. The Republic of the Congo, for example, was kicked out in 2004 for not enforcing the scheme, but was subsequently readmitted in 2007.
The Kimberley Process certification scheme aims to prevent the trade of conflict-diamonds, which are used to fund civil wars. It also protects the legitimate diamond trade. It is made up of 49 participants, including the European Union, major diamond-exporting countries, and various non-governmental organizations.
Allow diamond exports
Zimbabwe’s decision to allow diamond exports in accordance with the Kimberley Process is controversial and has been questioned by many. Even the country’s finance minister has questioned the validity of the decision. The Finance Minister, Tendai Biti, is the head of the Movement for Democratic Change, which shares a power-sharing government with Mugabe’s party. He has reportedly been under pressure from his party to increase salaries of civil servants. Despite these concerns, Biti has decided to support the Kimberley Process.
Despite the criticism, there are numerous reasons to support Zimbabwe’s decision. The decision to allow diamond exports from Zimbabwe has been welcomed by human rights activists. Zimbabwe has been accused of state-sponsored violence and of allowing the military to get involved in mining. Human rights groups like Global Witness support the decision to allow Zimbabwe to join the Kimberley process but admit that if the latest agreement does not prevent violence related to diamonds, they will consider leaving the process.
The Kimberley Process was established in 2003 to prevent the sale of rough diamonds to fund wars. The Kimberley Process was approved in Kinshasa and has outlined the process that other diamond mines must follow to export rough diamonds.