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The slow agony of the Kimberley Process. Ethics during COVID
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Author:  Barbra Voltaire, FGG [ Thu Apr 22, 2021 11:55 am ]
Post subject:  The slow agony of the Kimberley Process. Ethics during COVID

IGR wrote:
The slow agony of the Kimberley Process. Ethics in the COVID-19 times
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In an acute phase of decline, will the world economy still want to ask itself if rough diamonds really reach the cutting phase without any bloodstain? Is the Kimberley Process (KP), the most important international responsibility commitment for gemstones supply (see “Box 1 – How does the Kimberley Process work? Diamond rough can be traded only by participant nations”), in crisis? Will it be replaced by other traceability tools, such as the blockchains? Does it still provide guarantees for the supply chain integrity? This complex mechanism of intergovernmental cooperation that implements an import/export certification scheme for rough diamonds (KPCS) shows a series of critical points. Reforms were loudly called for in 2016 during the KP International Meeting, under Australian direction. Skepticism on the actual performance of the scheme has began circulating in the public opinion for some time. This is why members have started a three-year cycle work in an attempt to improve the rough diamonds certification system. This was the last call to put the diamond sourcing legitimacy project back on tracks. It seems that things went wrong. Today time has run out and, with the world turned upside down by COVID-19, ethics must give hasty solutions. KP is increasingly at risk.

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