The theory of ecological environment productivity is the latest achievement of Marxism productivity theory. Firstly, it emphasizes the protection and improvement of ecological environment and cultivates production capacity in coordination, which is a precise correction of the traditional productivity theory that centers on conquering and remaking nature and manifests production capacity in struggle. Secondly, it emphasizes the equal significance of resources, environment and ecology and puts ecological environment into the category of productivity as a potential factor and endogenous variable, which is the inheritance and development of Marx's natural productivity theory. Thirdly, it emphasizes the compatibility of ecological environment and people's livelihood and holds that good ecological environment is the intrinsic motivation and value target of healthy and sustainable development of productivity, which is the contemporary development of the value target of productivity.