The present invention provides a hydrotalcite-dimer acid lanthanum composite environmental protection stabilizer for PVC, wherein the hydrotalcite-dimer acid lanthanum composite environmental protection stabilizer is prepared from the following raw materials by weight: 20-30 parts of modified magnesium aluminum hydrotalcite, 10-12 parts of dibutyl tin oxide, 6-9 parts of dimer acid lanthanum, 1-3 parts of triphenyl phosphite, 3-6 parts of zinc stearate, 2-4 parts of epoxidized soybean oil, 5-6 parts of beta-diketone, 2-4 parts of 2,2'-thiobis(4-tert-octylphenoloxy)nickel, 12-15 parts of triethyl acetyl citrate, 1-2 parts of montan wax, and 10-15 parts of attapulgite. According to the present invention, the PVC stabilizer has characteristics of good thermal stability, good processing performance, environmental protection, no toxicity, low cost, good plasticity and balance torque reducing during the PVC processing process, and low cost.