Exception:
Equipment grounding conductors shall be permitted to be sized by a qualified person to provide an effective ground fault current path in accordance with 250.4(A)(5) or (B)(4).
The exception that Dennis posted says EGC's not bonding jumpers. Since the EGC is the raceway there is no reason why a #12 bonding jumper on a 20 amp circuit would not be large enough to clear a fault.
The #12 bonding jumper would not prevent clearing the fault.
On a similar but longer circuit, where you had to go to #8 or #6, couldn't you splice back to #12 before terminating at the end device, if for instance the end device couldn't not accept a #8 or #6 wire? This arrangement would also be adequate to clear a fault.
I'd say the jumper only needs to be sized to suit the device.If upsizing wire for voltage drop say from #12 to #10 for a 20 amp circuit, yet using the conduit as the EGC, then does the ground jumper to the box at the device locations also have to be upsized to #10?
In the case of using the conduit as the EGC, I see no limit as to the amperage of the circuit or feeder that the conduit will service as far as being the EGC for that circuit or feeder.
In the end, we agree.
But there are limits. In your case, if you are only going up one wire size, I doubt you are approaching the limit.
For reference, see table 22.10 in Soares Grounding and Bonding.
In what scenario would a completed run of EMT or rigid of any size not be sufficient to be used as an EGC ?