diff --git a/cli/vm/cli.go b/cli/vm/cli.go
index 58495944c..4b4845d99 100644
--- a/cli/vm/cli.go
+++ b/cli/vm/cli.go
@@ -39,6 +39,7 @@ import (
 
 const (
 	chainKey            = "chain"
+	chainCfgKey         = "chainCfg"
 	icKey               = "ic"
 	manifestKey         = "manifest"
 	exitFuncKey         = "exitFunc"
@@ -51,6 +52,11 @@ const (
 	stringType          = "string"
 )
 
+// Various flag names.
+const (
+	verboseFlagFullName = "verbose"
+)
+
 var commands = []cli.Command{
 	{
 		Name:        "exit",
@@ -231,6 +237,24 @@ example:
 		Description: "Dump events emitted by the current loaded program",
 		Action:      handleEvents,
 	},
+	{
+		Name:      "env",
+		Usage:     "Dump state of the chain that is used for VM CLI invocations (use -v for verbose node configuration)",
+		UsageText: `env [-v]`,
+		Flags: []cli.Flag{
+			cli.BoolFlag{
+				Name:  verboseFlagFullName + ",v",
+				Usage: "Print the whole blockchain node configuration.",
+			},
+		},
+		Description: `env [-v]
+
+Dump state of the chain that is used for VM CLI invocations (use -v for verbose node configuration).
+
+Example:
+> env -v`,
+		Action: handleEnv,
+	},
 }
 
 var completer *readline.PrefixCompleter
@@ -318,6 +342,7 @@ func NewWithConfig(printLogotype bool, onExit func(int), c *readline.Config, cfg
 
 	vmcli.shell.Metadata = map[string]interface{}{
 		chainKey:            chain,
+		chainCfgKey:         cfg,
 		icKey:               ic,
 		manifestKey:         new(manifest.Manifest),
 		exitFuncKey:         exitF,
@@ -344,6 +369,10 @@ func getChainFromContext(app *cli.App) *core.Blockchain {
 	return app.Metadata[chainKey].(*core.Blockchain)
 }
 
+func getChainConfigFromContext(app *cli.App) config.Config {
+	return app.Metadata[chainCfgKey].(config.Config)
+}
+
 func getInteropContextFromContext(app *cli.App) *interop.Context {
 	return app.Metadata[icKey].(*interop.Context)
 }
@@ -764,6 +793,21 @@ func handleEvents(c *cli.Context) error {
 	return nil
 }
 
+func handleEnv(c *cli.Context) error {
+	bc := getChainFromContext(c.App)
+	cfg := getChainConfigFromContext(c.App)
+	message := fmt.Sprintf("Chain height: %d\nNetwork magic: %d\nDB type: %s\n", bc.BlockHeight(), bc.GetConfig().Magic, cfg.ApplicationConfiguration.DBConfiguration.Type)
+	if c.Bool(verboseFlagFullName) {
+		cfgBytes, err := json.MarshalIndent(cfg, "", "\t")
+		if err != nil {
+			return fmt.Errorf("failed to marshal node configuration: %w", err)
+		}
+		message += "Node config:\n" + string(cfgBytes) + "\n"
+	}
+	fmt.Fprint(c.App.Writer, message)
+	return nil
+}
+
 func dumpEvents(app *cli.App) (string, error) {
 	ic := getInteropContextFromContext(app)
 	if len(ic.Notifications) == 0 {
diff --git a/cli/vm/cli_test.go b/cli/vm/cli_test.go
index 4c71304fe..241e54e1a 100644
--- a/cli/vm/cli_test.go
+++ b/cli/vm/cli_test.go
@@ -786,3 +786,28 @@ func TestEvents(t *testing.T) {
 	e.checkEvents(t, true, expectedEvent)  // automatically printed after `run` command
 	e.checkEvents(t, false, expectedEvent) // printed after `events` command
 }
+
+func TestEnv(t *testing.T) {
+	t.Run("default setup", func(t *testing.T) {
+		e := newTestVMCLI(t)
+		e.runProg(t, "env")
+		e.checkNextLine(t, "Chain height: 0")
+		e.checkNextLine(t, "Network magic: 42")
+		e.checkNextLine(t, "DB type: inmemory")
+	})
+	t.Run("setup with state", func(t *testing.T) {
+		e := newTestVMClIWithState(t)
+		e.runProg(t, "env")
+		e.checkNextLine(t, "Chain height: 5")
+		e.checkNextLine(t, "Network magic: 42")
+		e.checkNextLine(t, "DB type: leveldb")
+	})
+	t.Run("verbose", func(t *testing.T) {
+		e := newTestVMClIWithState(t)
+		e.runProg(t, "env -v")
+		e.checkNextLine(t, "Chain height: 5")
+		e.checkNextLine(t, "Network magic: 42")
+		e.checkNextLine(t, "DB type: leveldb")
+		e.checkNextLine(t, "Node config:") // Do not check exact node config.
+	})
+}