What is the purpose of the Kimberley Process in the diamond industry?

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The Kimberley Process is about stopping the flow of conflict diamonds by creating a global certification system for rough stones. It requires shipments to be accompanied by a Kimberley Process Certificate and tracked across borders, so authorities and industry players can verify that the diamonds come from legitimate sources and have not funded violence. This aims to improve traceability from mine to market and reduce the financing of conflict through rough-diamond trade. It’s not about grading diamond quality, subsidies for mining, or marketing campaigns. While not perfect, it provides a practical framework to help ensure that diamonds sold internationally are conflict-free.