{"id":1194540,"date":"2023-08-29T10:15:00","date_gmt":"2023-08-29T10:15:00","guid":{"rendered":"https:\/\/www.greenqueen.com.hk\/?p=66851"},"modified":"2023-08-29T10:15:00","modified_gmt":"2023-08-29T10:15:00","slug":"how-ethical-and-environmental-concerns-led-to-the-boom-in-lab-grown-diamonds","status":"publish","type":"post","link":"https:\/\/radiofree.asia\/2023\/08\/29\/how-ethical-and-environmental-concerns-led-to-the-boom-in-lab-grown-diamonds\/","title":{"rendered":"How Ethical and Environmental Concerns Led to The Boom in Lab-Grown Diamonds"},"content":{"rendered":"
The hardest naturally occurring substance on earth, diamonds represent<\/a> a $90 billion industry. But new concerns about diamond supply shortage<\/a> and subsequent price increases<\/a> have added to existing ones about their human rights, crime and climate-related issues.<\/p>\n\n\n\n All this has led to the lab-grown diamond boom. Research by industry analyst Paul Ziminsky<\/a> shows that lab-grown diamond jewellery sales reached nearly $12B last year, growing by 38% year-on-year. In 2023, the industry has already surpassed that, with revenue amounting to $14.6B globally.<\/p>\n\n\n\nThe problem with naturally mined diamonds<\/h2>\n\n\n