If you mean Application.EnableEvents... then the short answer is no.
You could I suppose create a command button on a toolbar to toggle them on and off.
In fact I've never thought of that - it might be handy.
Option Explicit
Sub AddButton()
Dim cbbtn As CommandBarButton
Set cbbtn = Application.CommandBars("Worksheet Menu Bar").Controls.Add(Type:=msoControlButton, ID:=2950, Before:=13)
cbbtn.TooltipText = "App Events On"
cbbtn.OnAction = "ToggleEvents"
cbbtn.Tag = "ToggleEvents"
End Sub
Sub ToggleEvents()
Dim cbbtn As CommandBarButton
Set cbbtn = Application.CommandBars.FindControl(Tag:="ToggleEvents")
Select Case cbbtn.FaceId
Case 2950
cbbtn.FaceId = 276
cbbtn.TooltipText = "App Events Off"
Application.EnableEvents = False
Case 276
cbbtn.FaceId = 2950
cbbtn.TooltipText = "App Events On"
Application.EnableEvents = True
End Select
End Sub