Abstract: With the large amount production and application of engineering carbon nanomaterials, their potential ecological risk has attracted extensive attention. The degradation and transformation of the carbon nanomaterials in the environment directly affect the fates and ecotoxicity of the nanomaterials in the environment, and the research of the degradation and transformation processes of the nanomaterials in the environment is the key link for the determination of the environmental capacity of the nanomaterials and for the evaluation of the nanomaterials life cycle in the environment. This paper briefly introduced the chemical transformation, microbial degradation, and photodegradation of the major engineering carbon nanomaterials (carbon nanotubes and fullerene) in the environment, and summarized the environmental and structural factors affecting the degradation of the nanomaterials and the related intrinsic mechanisms. The shortcomings of the related researches and the directions of the future research were also put forward.