diff --git a/src/workerd/api/tests/unsafe-test.js b/src/workerd/api/tests/unsafe-test.js
new file mode 100644
index 00000000000..b7851ffb0c4
--- /dev/null
+++ b/src/workerd/api/tests/unsafe-test.js
@@ -0,0 +1,34 @@
+import {
+  strictEqual,
+  ok,
+  throws
+} from 'node:assert';
+
+export const basics = {
+  test(ctx, env) {
+    strictEqual(env.unsafe.eval('1'), 1);
+
+    // eval does not capture outer scope.
+    let m = 1;
+    throws(() => env.unsafe.eval('m'));
+
+    throws(() => env.unsafe.eval(' throw new Error("boom"); ', 'foo'), {
+      message: 'boom',
+      stack: /at foo/
+    });
+
+    // Regular dynamic eval is still not allowed
+    throws(() => eval(''));
+  }
+};
+
+export const newFunction = {
+  test(ctx, env) {
+    const fn = env.unsafe.newFunction('return m', 'bar', 'm');
+    strictEqual(fn.length, 1);
+    strictEqual(fn.name, 'bar');
+    strictEqual(fn(), undefined);
+    strictEqual(fn(1), 1);
+    strictEqual(fn(fn), fn);
+  }
+};
diff --git a/src/workerd/api/tests/unsafe-test.wd-test b/src/workerd/api/tests/unsafe-test.wd-test
new file mode 100644
index 00000000000..5a8d31b81b2
--- /dev/null
+++ b/src/workerd/api/tests/unsafe-test.wd-test
@@ -0,0 +1,18 @@
+using Workerd = import "/workerd/workerd.capnp";
+
+const unitTests :Workerd.Config = (
+  services = [
+    ( name = "unsafe-test",
+      worker = (
+        modules = [
+          (name = "worker", esModule = embed "unsafe-test.js")
+        ],
+        compatibilityDate = "2023-01-15",
+        compatibilityFlags = ["nodejs_compat", "experimental"],
+        bindings = [
+          (name = "unsafe", unsafeEval = void )
+        ]
+      )
+    ),
+  ],
+);
diff --git a/src/workerd/api/unsafe.c++ b/src/workerd/api/unsafe.c++
new file mode 100644
index 00000000000..e048acdeb4b
--- /dev/null
+++ b/src/workerd/api/unsafe.c++
@@ -0,0 +1,46 @@
+#include "unsafe.h"
+
+namespace workerd::api {
+
+namespace {
+static constexpr auto EVAL_STR = "eval"_kjc;
+inline kj::StringPtr getName(jsg::Optional<kj::String>& name, kj::StringPtr def) {
+  return name.map([](kj::String& str) {
+    return str.asPtr();
+  }).orDefault(def);
+}
+}  // namespace
+
+jsg::JsValue UnsafeEval::eval(jsg::Lock& js, kj::String script,
+                              jsg::Optional<kj::String> name) {
+  js.setAllowEval(true);
+  KJ_DEFER(js.setAllowEval(false));
+  auto compiled = jsg::NonModuleScript::compile(script, js, getName(name, EVAL_STR));
+  return jsg::JsValue(compiled.runAndReturn(js.v8Context()));
+}
+
+UnsafeEval::UnsafeEvalFunction UnsafeEval::newFunction(
+    jsg::Lock& js,
+    jsg::JsString script,
+    jsg::Optional<kj::String> name,
+    jsg::Arguments<jsg::JsRef<jsg::JsString>> args,
+    const jsg::TypeHandler<UnsafeEvalFunction>& handler) {
+  js.setAllowEval(true);
+  KJ_DEFER(js.setAllowEval(false));
+
+  auto nameStr = js.str(getName(name, EVAL_STR));
+  v8::ScriptOrigin origin(js.v8Isolate, nameStr);
+  v8::ScriptCompiler::Source source(script, origin);
+
+  auto argNames = KJ_MAP(arg, args) {
+    return v8::Local<v8::String>(arg.getHandle(js));
+  };
+
+  auto fn = jsg::check(v8::ScriptCompiler::CompileFunction(
+      js.v8Context(), &source, argNames.size(), argNames.begin(), 0, nullptr));
+  fn->SetName(nameStr);
+
+  return KJ_ASSERT_NONNULL(handler.tryUnwrap(js, fn));
+}
+
+}  // namespace workerd::api
diff --git a/src/workerd/api/unsafe.h b/src/workerd/api/unsafe.h
new file mode 100644
index 00000000000..13f6a480c21
--- /dev/null
+++ b/src/workerd/api/unsafe.h
@@ -0,0 +1,48 @@
+#pragma once
+
+#include <workerd/jsg/jsg.h>
+
+namespace workerd::api {
+
+// A special binding object that allows for dynamic evaluation.
+class UnsafeEval: public jsg::Object {
+public:
+  UnsafeEval() = default;
+
+  // A non-capturing eval. Compile and evaluates the given script, returning whatever
+  // value is returned by the script. This version of eval intentionally does not
+  // capture any part of the outer scope other than globalThis and globally scoped
+  // variables. The optional `name` will appear in stack traces for any errors thrown.
+  //
+  // console.log(env.unsafe.eval('1 + 1'));  // prints 2
+  //
+  jsg::JsValue eval(jsg::Lock& js, kj::String script, jsg::Optional<kj::String> name);
+
+  using UnsafeEvalFunction = jsg::Function<jsg::Value(jsg::Arguments<jsg::Value>)>;
+
+  // Compiles and returns a new Function using the given script. The function does not
+  // capture any part of the outer scope other than globalThis and globally scoped
+  // variables. The optional `name` will be set as the name of the function and will
+  // appear in stack traces for any errors thrown. An optional list of argument names
+  // can be passed in.
+  //
+  // const fn = env.unsafe.newFunction('return m', 'foo', 'm');
+  // console.log(fn(1));  // prints 1
+  //
+  UnsafeEvalFunction newFunction(
+      jsg::Lock& js,
+      jsg::JsString script,
+      jsg::Optional<kj::String> name,
+      jsg::Arguments<jsg::JsRef<jsg::JsString>> args,
+      const jsg::TypeHandler<UnsafeEvalFunction>& handler);
+
+  JSG_RESOURCE_TYPE(UnsafeEval) {
+    JSG_METHOD(eval);
+    JSG_METHOD(newFunction);
+  }
+};
+
+#define EW_UNSAFE_ISOLATE_TYPES                      \
+  api::UnsafeEval
+
+}  // namespace workerd::api
diff --git a/src/workerd/jsg/modules.c++ b/src/workerd/jsg/modules.c++
index 6f785991255..6d9ec374f7e 100644
--- a/src/workerd/jsg/modules.c++
+++ b/src/workerd/jsg/modules.c++
@@ -284,6 +284,12 @@ v8::Local<v8::Value> CommonJsModuleContext::require(jsg::Lock& js, kj::String sp
   }
 }
 
+v8::Local<v8::Value> NonModuleScript::runAndReturn(v8::Local<v8::Context> context) const {
+  auto isolate = context->GetIsolate();
+  auto boundScript = unboundScript.Get(isolate)->BindToCurrentContext();
+  return check(boundScript->Run(context));
+}
+
 void NonModuleScript::run(v8::Local<v8::Context> context) const {
   auto isolate = context->GetIsolate();
   auto boundScript = unboundScript.Get(isolate)->BindToCurrentContext();
diff --git a/src/workerd/jsg/modules.h b/src/workerd/jsg/modules.h
index 8aea5adfbb6..d108cc17a52 100644
--- a/src/workerd/jsg/modules.h
+++ b/src/workerd/jsg/modules.h
@@ -148,6 +148,8 @@ class NonModuleScript {
   // context then will run it to completion.
   void run(v8::Local<v8::Context> context) const;
 
+  v8::Local<v8::Value> runAndReturn(v8::Local<v8::Context> context) const;
+
   static jsg::NonModuleScript compile(kj::StringPtr code, jsg::Lock& js, kj::StringPtr name = "worker.js");
 
 private:
diff --git a/src/workerd/server/server.c++ b/src/workerd/server/server.c++
index e71a42dcc4d..2017026d337 100644
--- a/src/workerd/server/server.c++
+++ b/src/workerd/server/server.c++
@@ -2415,6 +2415,14 @@ static kj::Maybe<WorkerdApiIsolate::Global> createBinding(
           .scheme = kj::str(binding.getHyperdrive().getScheme()),
       });
     }
+    case config::Worker::Binding::UNSAFE_EVAL: {
+      if (!experimental) {
+        errorReporter.addError(kj::str("Unsafe eval is an experimental feature. ",
+            "You must run workerd with `--experimental` to use this feature."));
+        return kj::none;
+      }
+      return makeGlobal(Global::UnsafeEval {});
+    }
   }
   errorReporter.addError(kj::str(
       errorContext, "has unrecognized type. Was the config compiled with a newer version of "
diff --git a/src/workerd/server/workerd-api.c++ b/src/workerd/server/workerd-api.c++
index e3d5406c377..f49592a1a43 100644
--- a/src/workerd/server/workerd-api.c++
+++ b/src/workerd/server/workerd-api.c++
@@ -27,6 +27,7 @@
 #include <workerd/api/r2.h>
 #include <workerd/api/r2-admin.h>
 #include <workerd/api/trace.h>
+#include <workerd/api/unsafe.h>
 #include <workerd/api/urlpattern.h>
 #include <workerd/api/node/node.h>
 #include <workerd/io/promise-wrapper.h>
@@ -77,6 +78,7 @@ JSG_DECLARE_ISOLATE_TYPE(JsgWorkerdIsolate,
   EW_SCHEDULED_ISOLATE_TYPES,
   EW_STREAMS_ISOLATE_TYPES,
   EW_TRACE_ISOLATE_TYPES,
+  EW_UNSAFE_ISOLATE_TYPES,
   EW_URL_ISOLATE_TYPES,
   EW_URL_STANDARD_ISOLATE_TYPES,
   EW_URLPATTERN_ISOLATE_TYPES,
@@ -623,6 +625,9 @@ static v8::Local<v8::Value> createBindingValue(
                                      kj::str(hyperdrive.user), kj::str(hyperdrive.password),
                                      kj::str(hyperdrive.scheme)));
     }
+    KJ_CASE_ONEOF(unsafe, Global::UnsafeEval) {
+      value = lock.wrap(context, jsg::alloc<api::UnsafeEval>());
+    }
   }
 
   return value;
@@ -696,6 +701,9 @@ WorkerdApiIsolate::Global WorkerdApiIsolate::Global::clone() const {
     KJ_CASE_ONEOF(hyperdrive, Global::Hyperdrive) {
       result.value = hyperdrive.clone();
     }
+    KJ_CASE_ONEOF(unsafe, Global::UnsafeEval) {
+      result.value = Global::UnsafeEval {};
+    }
   }
 
   return result;
diff --git a/src/workerd/server/workerd-api.h b/src/workerd/server/workerd-api.h
index 4de815a80ca..e2ebbd856bf 100644
--- a/src/workerd/server/workerd-api.h
+++ b/src/workerd/server/workerd-api.h
@@ -169,10 +169,11 @@ class WorkerdApiIsolate final: public Worker::ApiIsolate {
         };
       }
     };
+    struct UnsafeEval {};
     kj::String name;
     kj::OneOf<Json, Fetcher, KvNamespace, R2Bucket, R2Admin, CryptoKey, EphemeralActorNamespace,
               DurableActorNamespace, QueueBinding, kj::String, kj::Array<byte>, Wrapped,
-              AnalyticsEngine, Hyperdrive> value;
+              AnalyticsEngine, Hyperdrive, UnsafeEval> value;
 
     Global clone() const;
   };
diff --git a/src/workerd/server/workerd.capnp b/src/workerd/server/workerd.capnp
index e656f0c4b4b..03176a092af 100644
--- a/src/workerd/server/workerd.capnp
+++ b/src/workerd/server/workerd.capnp
@@ -366,6 +366,9 @@ struct Worker {
       # A binding for Hyperdrive. Allows workers to use Hyperdrive caching & pooling for Postgres
       # databases.
 
+      unsafeEval @23 :Void;
+      # A simple binding that enables access to the UnsafeEval API.
+
       # TODO(someday): dispatch, other new features
     }