2012 Summer Olympic development £400,000, as a representation of the number 2012, with the Olympic Rings embedded within the zero. The same logo was used for the first time for both the Olympic and Paralympic games. The standard colours are green, magenta, orange and blue. The logo colours were modified to allow the incorporation of a variety of colours, including the Union Flag to promote the handover ceremony. Sebastian Coe at the launch of the logo said:The logo builds upon everything that the organising committee has said about reaching out and engaging young people, which is where our challenge is over the next five
Olympic symbols Rio de Janeiro, Brazil, and has since then been passed on to the next organizing city of the Summer Olympics, Tokyo. For the inaugural Youth Olympic Games, an Olympic flag was created for the junior version of the Games. The flag is similar to the Olympic flag, but has the host city and year on it and was first presented to Singapore by IOC President Jacques Rogge. During the closing ceremony on 26 August 2010, Singapore officials presented it to the next organizing committee, Nanjing 2014. For the inaugural winter Youth Olympic Games, an Olympic flag was presented to the