Understanding the Kimberley Process When it comes to the diamond trade, the kimberley process pros and cons has made headlines for its ambitious goals of regulating and monitoring the flow of diamonds. But what does it really entail, and how effective is it in achieving its objectives? Let’s dive in! What is the Kimberley Process? The Kimberley Process Certification Scheme (KPCS) is an international initiative aimed at preventing the trade of conflict diamonds—those mined in war zones and sold to finance armed conflict. Launched in 2003, the initiative requires member…
