Dear Colleagues, We are pleased to announce the seminar by *Maria Elvira Mancino (University of Florence)* at the University of Rome Tor Vergata. *When: *Wednesday, 11 March at 1:00 pm *Where:* University of Rome Tor Vergata, Department of Economics and Finance *Room:* Building B, 2nd Floor, Sala del Consiglio *Title: * *Honey BEE VOLatility: An environmental index for assessing climatic risk impact on ecosystems service provision* *Abstract: *This study investigates the impact of high-frequency climate risk, specifically temperature volatility, on honey bee production. Recognizing the crucial role of honey bees as environmental sentinels and their sensitivity to climatic variables, the research extends beyond conventional analyses of long-term average temperatures to explore the effects of short-term temperature "surprises." Using high-frequency, irregularly spaced data from thousands of Italian beehives (2019-2024), combined with external temperature data, a non-parametric estimation of weekly integrated volatility is provided. The results highlight that beehives in areas with lower biodiversity and higher pollution are more susceptible to high-frequency temperature volatility, whereas those in richer, cleaner environments show greater resilience. This underscores the critical importance of local environmental quality in mediating the impacts of climate risk on honey bee health and production. Everyone is welcome to attend. Best regards, DP -- Davide Pirino. Department of Economics and Finance, Tor Vergata University of Rome. Via Columbia 2, 00133 Roma. website: https://economia.uniroma2.it/faculty/374/pirino-davide-erminio