The invention discloses clean carbon dioxide foam fracturing fluid and a preparation method thereof, and relates to the technical field of oilfield chemistry and fracturing production increase. The carbon dioxide foam fracturing fluid is mainly composed of a base solution, a foaming agent, a gel breaker and liquid carbon dioxide with the mass ratio being 100 to 0.15-0.45 to 0.02-0.08 to 100-900. The base solution is formed by 0.2%-0.55% of a thickening agent and water. The thickening agent is mainly formed by bisacrylamide, vinyl pyrrolidone, kation unsaturated monomer, anion unsaturated monomer, an initiator, sodium carbonate, an emulsifying agent and a hydrotropy agent. The foaming agent is mainly formed by hexadecyl dimethyl tertiary amine, dimethyl sulfate, caustic soda flakes, potassium persulfate and solvent. The clean carbon dioxide foam fracturing fluid has the advantages of being high in foam stability, high in temperature resistance and shear resistance, high in sand-carrying performance, wide in applicable temperature range, extremely low in residue content, high in backflow performance, and small in secondary damage to a reservoir after fracturing, thereby improving the fracturing effect and increasing the reservoir productivity.