International News
CIBJO Reaffirms Jewellery Industry’s Commitment To UN Sustainable Development Goals At ECOSOC
CIBJO Is Finalising The First Edition Of Its ESG and Sustainability Reference Guide For The Jewellery Sector, Ahead Of The Organisation’s Centenary Congress In Vicenza, Italy,
CIBJO President Gaetano Cavalieri reaffirmed the global jewellery industry’s commitment to advancing sustainability while addressing the High-Level Segment of the United Nations Economic and Social Council (ECOSOC) at the UN Headquarters in New York.
Representing the World Jewellery Confederation, Dr. Cavalieri said

“CIBJO and the jewellery industry remain committed to supporting “transformative, equitable, innovative and coordinated actions to achieve the objectives of the UN’s 2030 Agenda for Sustainable Development and its Sustainable Development Goals (SDGs)”.
CIBJO is the jewellery industry’s sole representative with consultative status at ECOSOC, a position it has held since 2006. It was also among a select group of affiliated non-governmental organisations invited to deliver an oral statement during this year’s High-Level Segment.
During his address, Dr. Cavalieri announced that CIBJO is finalising the first edition of its ESG and Sustainability Reference Guide for the Jewellery Sector, ahead of the organisation’s Centenary Congress in Vicenza, Italy, scheduled for early September. The guide is designed to provide companies across the jewellery supply chain with a practical roadmap for the next five to 10 years by consolidating a broad range of environmental, social and governance (ESG) topics into a structured and prioritised framework.



Highlighting a recent sustainability initiative, Dr. Cavalieri recalled his visit to India on World Water Day, 22 March 2026, when CIBJO Lake was inaugurated in Gujarat. Built by the Dholakia Foundation, the philanthropic arm of the Hari Krishna Group, the 15-acre freshwater reservoir has a storage capacity of 156 million litres and is expected to support five villages and benefit around 12,000 farmers.
Addressing delegates, Dr. Cavalieri stressed that sustainability is increasingly integral to the long-term success of the jewellery industry. For CIBJO, many of the challenges addressed by the SDGs, such as climate change and resource scarcity, pose direct risks to the jewellery sector. Addressing these can help and ensure long-term business resilience,” he said.
The address underscored CIBJO’s continued engagement with the United Nations and its efforts to align the global jewellery industry with internationally recognised sustainability priorities through practical guidance and collaborative action.
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International News
Dubai Records Highest-Ever Diamond Trade In 2025
Natural Diamonds Continued To Dominate The Market, Contributing US$39.9 billion, Or 96% Of Dubai’s Total Diamond Trade Value In 2025.
Dubai achieved a record performance in its diamond trade in 2025, reaching its highest-ever levels in both value and volume, according to the Dubai Multi Commodities Centre (DMCC).
The total value of diamond imports and exports increased 16% year-on-year to US$41.7 billion, up from US$35.8 billion in 2024. Trade volume also surged 43% to 359.5 million carats, marking the first time Dubai has recorded all-time highs in both value and physical volume.
DMCC CEO Ahmed Bin Sulayem said the strong performance reflects Dubai’s long-term strategy of building a transparent, connected, and efficient global hub for the diamond trade. Since 2020, diamond trade through Dubai has doubled in volume and grown nearly 140% in value.
Natural diamonds continued to dominate the market, contributing US$39.9 billion, or 96% of Dubai’s total diamond trade value in 2025.
Trade in rough diamonds reached 205.2 million carats, the second-highest volume on record and around 34% higher than in 2024. The value of natural polished diamond trade rose nearly 25% to US$18.7 billion. Since 2020, the value of natural polished diamond trade through Dubai has increased by 246%.
Over the past decade, Dubai’s overall diamond trade has grown 63% in value and 44% in volume, reinforcing its position as one of the world’s leading diamond trading centres.
The emirate also recorded strong growth in other precious stones. Coloured gemstone trade climbed 48% to a record US$1.1 billion, supported by a 69% increase in imports and a 34% rise in exports. Meanwhile, synthetic and industrial diamonds accounted for around 39% of the total diamond trade volume in 2025.
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