Rainbow flag Alliance (ICA) designed an international co-op symbol and a flag for the first "Co-operators' Day," which was held in July 1923. After some experiments with different designs, a famous French cooperator, Professor Charles Gide, suggested using the seven colours of the rainbow for the flag. He pointed out that the rainbow symbolized unity in diversity and the power of light, enlightenment and progress. The first co-op rainbow flag was completed in 1924 and was adopted as an official symbol of the international cooperative movement in 1925. In 2001, the ICA's official flag was changed from a rainbow flag to a
Rainbow flag Rainbow flag A rainbow flag is a multicolored flag consisting of the colors of the rainbow. The actual colors shown differ, but many of the designs are based on the traditional scheme of red, orange, yellow, green, blue, indigo, and violet. There are several independent rainbow flags in use today. The most widely known worldwide is the pride flag representing LGBT pride (since 1978). The peace flag is especially popular in Italy (since 1961). The International Co-operative Alliance adopted a rainbow flag in 1925. A similar flag is used in Andean indigenism in Peru and Bolivia to represent the legacy