The invention relates to a green preparation method of a slow-release polycarboxylic-acid high-performance water reducing agent, which comprises the following steps: firstly, dissolving unsaturated polyethenoxy ether in water, adding an oxidant solution, and evenly stirring; then, respectively and dropwisely adding a reducer/chain-transfer agent mixed solution and a comonomer solution, and polymerizing; and finally, adding an alkaline regulator to neutralize and age the solution, thereby obtaining the slow-release polycarboxylic-acid high-performance water reducing agent. In the invention, hydrogen on the terminal hydroxyl group of the original unsaturated polyethenoxy ether is substituted by an allyl group containing unsaturated bond, so that the terminal group of methoxypolyethylene glycol is converted from the original active hydroxyl group into the inert methoxy group at present; and thus, the byproducts of the copolymerization product are greatly reduced, and the molecular weight distribution is narrow, so that the synthesized water reducing agent has the advantages of high water reduction rate and slump resistance. The redox system with low activation energy is used for initiating the monomer copolymerization, so that the polymerization can be implemented at normal temperature, thereby implementing the production of the product by a no heat source method, simplifying the production equipment and lowering the energy consumption and cost.