A method for preparing white stable lignin and its application are disclosed. This invention addresses the limitations of existing lignin decolorization processes, which are constrained by long decolorization times and difficulty in maintaining color stability under ultravioletlight stimulation after decolorization, thus failing to meet the low absorption requirements of radiative cooling materials in the visible light band. The method includes: 1. Preparation of DES; 2. Preparation of lignin solution; 3. Modification of lignin; 4. Bleaching; 5. Preparation of white stable lignin. Application: It is used in the preparation of refrigeration materials.