The invention discloses an environment-friendly building adhesive. The environment-friendly building adhesive is prepared from raw materials in parts by weight as follows: 80-97 parts of rosin glyceride, 25-32 parts of shellac, 172-186 parts of terpene resin, 24-57 parts of turpentine, 4-6 parts of aluminum silicate powder, 2-4 parts of white carbon black, 5-7 parts of zirconium hydrogen phosphate, 1-3 parts of tannin, 2-4 parts of potassium pyrophosphate, 6-8 parts of ethanol, 10-12 parts of hydroxyethyl cellulose, 5-9 parts of Arabic gum, 3-5 parts of potassium lactate, 2-4 parts of sodium lactate, 1-4 parts of sodium diacetate, 6-9 parts of silicon carbide whisker and 5-8 parts of butyl lactate. The environment-friendly building adhesive contains very little residual formaldehyde, doesnot affect human health and is favorable for environmental protection.