Modern models for event causality identification (ECI) are mainly based on supervised learning, which are prone to the data lacking problem. Unfortunately, the existing NLPrelated augmentation methods cannot directly produce available data required for this task. To solve the data lacking problem, we introduce a new approach to augment training data for event causality identification, by iteratively generating new examples and classifying event causality in a dual learning framework. On the one hand, our approach is knowledge guided, which can leverage existing knowledge bases to generate well-formed new sentences. On the other hand, our approach employs a dual mechanism, which is a learnable augmentation framework, and can interactively adjust the generation process to generate task-related sentences. Experimental results on two  benchmarks EventStoryLine and Causal-TimeBank show that 1) our method can augment suitable task-related training data for ECI; 2) our method outperforms previous methods on EventStoryLine and Causal TimeBank (+2.5 and +2.1 points on F1 value respectively).