The very word globalization triggers often highly polarized views. For some it is an apocalyptic demon devouring the environment, homogenizing cultures and values and subverting equity, justice and common decency. For others it is the ultimate evolution of the market, freeing multinational corporations from government red tape and promising previously unimaginable economic development which could overcome poverty and scythe through what are seen as outdated, suffocating values. In reality, it is neither and both — a force which can be steered in either direction and hopefully one that is deemed sensible and intelligent for people and the planet. We are missing the chance to do this amid the heated arguments, but UNEP aims to seize the moment in areas affecting its mandate and vision.