Close Menu
The Jeweller: IrelandThe Jeweller: Ireland
    The Jeweller: IrelandThe Jeweller: Ireland
    • News
      • Industry News
    • Events
    • Consumer Education
      • The 4Cs of Diamonds
      • Diamond Cut
      • Diamond Clarity
      • Diamond Carat
      • Diamond Colour
      • Diamond Prices
      • Diamond Shapes
    • About Us
    • Contact
    Monday, May 5
    The Jeweller: IrelandThe Jeweller: Ireland
    Home»Diamonds»WDC Calls for Unified Action to Expand the Kimberley Process Framework
    feriel zerouki
    Diamonds

    WDC Calls for Unified Action to Expand the Kimberley Process Framework

    Steven JosephBy Steven Joseph15/11/20242 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Speaking at the 2024 KP Plenary in Dubai, World Diamond Council (WDC) President Feriel Zerouki urged stakeholders to work together to update the Kimberley Process (KP) framework for conflict diamonds to ensure the sector’s long-term sustainability.

    Broadening the Definition of Conflict Diamonds

    A key focus of the plenary was expanding the definition of conflict diamonds. Currently, the KP categorises these as rough diamonds used by rebel groups to finance efforts against legitimate governments. This definition excludes issues linked to state actors or broader concerns regarding human rights abuses and ethical sourcing.

    Zerouki noted that the WDC, in collaboration with the Civil Society Coalition, has initiated discussions to expand the framework. However, she highlighted that progress has been hindered by limited engagement from some participants.

    “It increasingly feels as though we, along with our colleagues in the Civil Society Coalition, and a few more, are shouldering this responsibility alone,” Zerouki remarked. “Accountability for this definition is shared, and it is the responsibility of all in the KP to actively engage and support the delivery of this mandate.

    Recent Reforms and Milestones

    The WDC showcased several key achievements aimed at fostering greater transparency and inclusivity:

    • Introduction of Co-Chairmanship: This new structure allows nations with diverse economic profiles to share leadership roles, ensuring balanced representation in decision-making.
    • Enhanced Origin Transparency: KP certificates now identify specific mining countries of origin, replacing mixed-origin certificates. This reform, completed within six months, demonstrates the potential impact of collective effort and streamlined decision-making.
    • Permanent Secretariat in Botswana: The establishment of this office represents a commitment to sustainable and professional governance.

    Looking ahead, the WDC aims to introduce digital certification to support traceability, regulatory compliance, and changes in consumer expectations.

    The Need for Unity in Reform Efforts

    Zerouki’s address also touched on the importance of unified action within the KP. She urged members to move beyond geopolitical divides and focus on meaningful reforms that safeguard the integrity of the diamond supply chain.

    “For the Kimberley Process to remain a trusted institution, it must adapt to contemporary standards and meet the rising expectations of consumers,” she said. Zerouki underscored that without comprehensive reform, the KP risks losing its relevance and credibility in the global market.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Steven Joseph

    Steven aims to be first to bring the news on industry updates, while his finance background informs his insights on how broader economic trends affect the jewellery trade

    Related Posts

    Dublin Silversmith Séamus Gill Suffers Major Loss Following Studio Burglary

    25/04/2025

    De Beers Reports Sharp Decline in Rough Diamond Sales Amid Market Caution

    24/04/2025

    Diamond Cutter Faces Legal Battle Over $270,000 Shattered Stone

    22/04/2025

    Sanctions on Russian Diamonds Limited by Lack of Tracing Infrastructure

    21/04/2025

    Swiss Watch Exports Rebound in March as US and UK Demand Strengthens

    18/04/2025

    Bulgari Expands Valenza Facility, Creating World’s Largest Monobrand Jewelry Manufacturing Site

    18/04/2025

    Jewellery industry news & insights delivered straight to your inbox

    Get the free 5-minute newsletter read by Jewellery Industry professionals who want to get ahead

    Your subscription could not be saved. Please try again.
    Your subscription has been successful.
    the jeweller ireland w 300

    Explore

    • About
    • Contact

    Reach Our Audience

    • Advertise
    • Submit a press release
    • Submit an opinion piece

    Consumer Education

    • 4Cs of Diamonds
    • Diamond Price Chart

    The Jeweller is part of Loupe Media Network

    Privacy policy | Terms of use | Cookie Policy

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
    Cookie SettingsAccept All
    Manage consent

    Privacy Overview

    This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
    Necessary
    Always Enabled
    Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
    CookieDurationDescription
    cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
    cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
    cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
    cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
    cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
    viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
    SAVE & ACCEPT