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Kimberley Process Intersessional Meeting Concludes Successfully

It was attened by over 200 KP delegates from 82 countries.

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(PRESS RELEASE) MUMBAI — India, as the KP Chair for 2019, successfully hosted the KP Intersessional meeting in Mumbai. The meeting started on 17th June and concluded on 21st June 2019. The Kimberley Process Certification Scheme (KPCS) Intersessional Meeting 2019 is an annual mid-year event of KPCS – a tri-partite mechanism that unites participating governments, diamond industry and civil society. KPCS is an international mechanism mandated by UN to reduce the flow of conflict diamonds which were being used to finance wars against legitimate governments.

Mr. Alok Vardhan Chaturvedi, KP chair and director general of foreign trade (DGFT) hosted and addressed over 200 KP delegates from 82 countries including the US, Russian Federation, European Union, Canada, China, Israel, Australia, UAE, and several producing countries from Africa – Sierra Leone, DR Congo, Angola, Ghana, Zimbabwe, Central African Republic, Botswana, Cameroon, Republic of Congo, Eswatini, Gabon, Guinea, Ivory Coast, Mali, Namibia, South Africa, Togo & Lesotho. The Kimberley Process Chairmanship 2019 India event was organized by the Union Ministry of Commerce & Industry, Government of India; and co-organized by Gem & Jewelry Export Promotion Council (GJEPC).

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In his concluding speech, Mr. Alok Vardhan Chaturvedi, KP chair (India) and DGFT, said, “There has been a good exchange and ideas, discussions and deliberations, listening & learning, debates, dialogues in the true KP tradition of productive sharing of ideas to forge the way forward for KP. We are grateful to the global diamond community and the representatives of the civil society coalition for their presence and active participation. The knowledge, experience and expertise that each one of you brings to the table is phenomenal and so is your collective effort. The commitment and contribution to usher in transformational change has been of the highest order.”

Mr. Chaturvedi added, “The highlights of this Intersessional were the special forums on Diamond Terminology and ’Artisanal Mining – Small Steps to Larger Outcomes’. The GemFair session showcased transparency to empower local communities. There were presentations on Indian Government’s Common Facility Centres initiative, which enabled pooling of resources for small and medium jewelry enterprises. There were insightful learnings in the special forums such as the chain of custody by Mumbai’s Dabbawalas and trusted delivery as exemplified by the Angadias. There were presentations on the mapping of the workforce through Parichay ID card and taking care of them through Swathya-Rathna health insurance scheme.”

Mr. Stephane Fischler (president, World Diamond Council) and Mr. Shamiso Mtisi (coordinator of the KP Civil Society Coalition) also addressed the closing session. Ms. Rupa Dutta, economic advisor, Union Ministry of Commerce & Industry, Government of India, proposed the vote of thanks.

The KP session 2019 observed progress in many areas including deepening ongoing discussions on the scope, finalization of Terms of Reference for Permanent Secretariat, draft Administrative Decision (AD) on Peer Review Mechanism, reconciliation guidance document and capturing of data for Artisanal Mining, new independent observer, more clear directions for MDTF and Consolidation of Core Document. KP delegates would again meet in New Delhi for the Plenary session in November 2019.

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CIBJO Releases Marketing & Education Special Report, Analyzes Next Great Jewelry-Buying Generation

Report returns to what has been defined as the next great jewelry-consuming group, Generation Z.

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(PRESS RELEASE) MILAN, ITALY — With fewer than 10 weeks to go to the opening of the 2019 CIBJO Congress in Manama, Bahrain, on November 18, 2019, the first of the CIBJO commissions’ Special Reports has been released. Prepared by the CIBJO Marketing & Education Commission, headed by Jonathan Kendall, the report returns to what has been defined as the next great jewelry-consuming group, Generation Z, providing a breakdown of what the industry needs to consider if it is to ensure that jewelry remains a favored purchase.

Generation Z refers to young consumers, who currently are 15 to 25 years of age.

“Gen Z is coming to our markets very soon if it has not already arrived in reality,” writes Mr. Kendall. “Its members are forecast to spend a whopping $143 billion this year alone. So we better get them on our side if we want to enjoy a rosy future. In fact, the future success of the jewelry industry will depend on our understanding the needs and wants of Generation Z. Get this right and we can all look forward to strong profitable years moving forward. Get it wrong and we could be destined for the scrap heap – not overnight maybe, but ultimately.”

Communicating predominantly via the social media, studies show that Generation Z is more environmentally conscious and gender neutral than any generation that preceded it. It celebrates authenticity, diversity and human imperfection. It is more likely to heed the advice of a friend, rather than a celebrity.

“Gen Z is prepared to splurge but it must be worth it. The more added value the better, and that can come from its environmental credentials or its social value,” notes Mr. Kendall.

To download a full copy of the CIBJO Market & Education Commission’s special report, click here.

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Press Releases

Gem Legacy Celebrates 1 Year Anniversary

It launched in September 2018.

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(PRESS RELEASE) ROYAL OAK, MI – Gem Legacy is celebrating the successes of its 1 year anniversary after launching in September 2018 by founder Roger Dery. Gem Legacy is a 501(c)3 nonprofit supporting education, vocational training, and local economies in East African colored gemstone mining communities.

The first year has boasted many successes, thanks to industry partners and donors. Roger Dery, founder and executive director of Gem Legacy looks back on the first year: “Lives are deeply affected because we’re ensuring that a group of widowed miners will find Tsavorite Garnet, 28 orphans will get a full education, kids are getting full nights of sleep on new mattresses, and young adults are entering the gem industry with knowledge in gemology and gem faceting. They have hope because we, the jewelry industry, are saying ‘we see you and we believe in you.’”

Other highlights from Gem Legacy’s first year include the formation of its advisory board (Christina Clover-Field, Ben Smithee, and Monica Stephenson) and its Leadership Council (Omi Gems and Parle Jewelry Designs). The leadership council is growing to be a consortium of the industry’s top leaders dedicated to sharing Gem Legacy’s mission and activating a united industry-wide effort to support the mining communities in Africa.

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Technological Solutions for Sustainability and Responsible Sourcing Spotlighted at CIBJO-IEG Seminar

Seminar marked the 10th year of cooperation between CIBJO and IEG.

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(PRESS RELEASE) MILAN, ITALY — With members of the jewelry and gemstone sectors under growing pressure to actively demonstrate that they are conducting their businesses in a sustainable manner, including verifying that the items they purchase, process and sell have been sourced responsibly, a range of technological solutions are currently being developed to help them comply with the due diligence requirements. These came under the spotlight during a seminar on September 9, 2019, at the VICENZAORO show in Vicenza, Italy, organized by CIBJO and hosted by the Italian Exhibition Group (IEG).

The seminar was the latest edition in a series of educational programs organized by the two bodies, which is endorsed by the United Nations Economic and Social Council (ECOSOC), to support corporate social responsibility and sustainability in the jewelry sector. As Marco Carniello, director of IEG’s jewelry and fashion division pointed out, the seminar this September marked the 10th year of cooperation between CIBJO and Italy’s leading jewelry trade show organizer.

A growing percentage of the jewelry, gemstone and precious metals industries have taken steps in recent years to implement sustainable and responsible sourcing principles in their businesses, with more than 1,300 worldwide already certified by compliance organizations, after undergoing monitoring by independent auditors. But in an industry that is dominated by small and medium-sized companies, many participants find it challenging to follow suit and consequently could experience difficulty in gaining access to chains of supply. The technologies discussed at the seminar are largely being developed to address these challenges.

“CIBJO is committed to the development of an ethical and sustainable jewelry industry, which sources its raw materials in both a responsible and transparent manner,” said CIBJO President Gaetano Cavalieri, opening the seminar. “As we reiterated in the new Responsible Sourcing Blue Book which was approved earlier this year, we believe that all participants should do due diligence to the best of their ability. At the same time, we also insist that no ethical members of our community be discriminated against because they currently lack the resources necessary to implement a full compliance system. It is for this reason that we view the development of technological solutions as being so important.”

The panel of speakers, which was moderated by Erik Jens, vice president of CIBJO’s Responsible Sourcing Commission, represented a cross section of this growing industry service sector, providing solutions to industry participants at all stages of the chain of distribution, from the mine to the retailer.

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