The invention discloses a CsPMo/g-C3N4-Bi2O3 photocatalyst and a preparation method therefor and application thereof in phenolic wastewater treatment. The preparation method for the CsPMo/g-C3N4-Bi2O3 photocatalyst comprises the steps: (1) thoroughly dispersing g-C3N4 into water, then, sequentially adding Bi2O3, phosphomolybdic acid and cesium carbonate into the dispersion, carrying out uniformly mixing, and carrying out reaction to produce yellow precipitates; and (2) drying and grinding the obtained yellow precipitates, thereby obtaining the CsPMo/g-C3N4-Bi2O3 photocatalyst. The photocatalyst disclosed by the invention is applied to the photocatalytic treatment of phenolic wastewater and is added into the phenolic wastewater, stirring is carried out at a dark place until adsorption equilibrium is achieved, and reaction is carried out under visible light irradiation. The preparation method for the photocatalyst, disclosed by the invention, is simple, the degree of visible light response is increased, the photoproduction electron and hole separating effect is good, the effect of treating the phenolic wastewater is good, and no secondary pollution is caused.