Partnership story

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Private sector contributes to Diamond Development Initiative

Summary

More than a million African artisanal diamond diggers and their families live and work in absolute poverty, outside the formal economy, in countries struggling to recover from the ravages of war.

The Diamond Development Initiative (DDI) is a unique effort to address their problems, bringing NGOs, governments and the private sector together in a common effort that aims to convert diamonds from a fuel for war into an engine for development. The DDI aims to gather all interested parties into a process that will address, the political, social and economic challenges facing the artisanal diamond mining sector and their communities within the countries in which the diamonds are mined.

The DDI’s objectives are:

To gather and disseminate information on artisanal diamond mining.

To promote better understanding of, and possible solutions for:

  • Government regulation and mining regulation;
  • Distribution and marketing channels;
  • Organisational aspects of artisanal production;
  • Legitimate and transparent distribution channels;
  • Organization among artisanal miners;
  • Free and open markets for artisanally mined diamonds.

To promote wide participation in the process, including governments, donors, industry and development organisations.