The invention discloses an environment-friendly cuttable eraser pencil. The environment-friendly cuttable eraser pencil comprises a pencil, a cylindrical eraser and a paper or a
veneer, wherein the pencil comprises a wooden core and a pencil lead arranged on the middle part of the wooden core, the length of the paper or the
veneer is the sum of the lengths of the pencil and the cylindrical eraser, the pencil and the cylindrical eraser are tightly wrapped by the paper or the
veneer, and length boundary lines of the pencil and the cylindrical eraser are marked on the outside surface of the paper or the veneer. According to the environment-friendly cuttable eraser pencil, the pencil and the cylindrical eraser are tightly wrapped by the paper or the veneer, the eraser is long, and the paper or the veneer is cuttable; when the pencil is excessively
cut, and the paper or the veneer which wraps an eraser section is long enough, the paper or the veneer which wraps the eraser section is suitable for handheld use, and users conveniently and continuously use the pencil till the pencil is used up. When the eraser needs to be more used, the paper or veneer wrapping the seaser section can be
cut till the eraser is used up. According to the environment-friendly cuttable eraser pencil, both pencil sections and the eraser are used maximally, waste is prevented and the pencil is environment-friendly and convenient to use.