The invention provides a kind of lead-free environmental-friendly circuit board conductive silver paste, which is prepared by the following raw material by weights: 60 to 70 of silver powder of 20 to 30mum, 5 to 8 of copper powder of 1 to 10nm, 8 to 10 of glass powder, 5 to 7 of SnO2 powder, 5 to 8 of silver powder of 40 to 60nm, 2 to 4 of pentaerythritol tristearate, 4 to 6 of isophorone, 3 to 5 of saturated polyester resin EK410, 4 to 7 of bisphenol F epoxy resin, 1 to 2 of salicylic acid, 3 to 5 of polyurethane resin, 1 to 2 of triallyl isocyanurate, 1 to 2 of microsphere starch, 1 to 2 of fumed silica, 4 to 6 of isobutyl ketone, 6 to 8 of ethanol , 2 to 4 of butanol, and 6 to 8 of butyl acetate. The lead-free environmental-friendly circuit board conductive silver paste and the preparation method thereof are characterized in that the use amount of the silver powder is small, the printing performance is good, the yield of the circuit board is high, the conductive performance is good, lead-free environmental-friendly performance is provided, the technology is simple, the operation is convenient and easy, and the product performance is convenient to control.