The escalating rate of fossil fuel combustion contributes to excessive CO
2
emission and the resulting global climate change has drawn considerable attention. Therefore, tremendous efforts have been devoted to mitigate the CO
2
accumulation in the atmosphere. Carbon capture and storage (CCS) strategy has been regarded as one of the promising options for controlling CO
2
build-up. However, desorption and compression of CO
2
need extra energy input. To circumvent this energy issue, carbon capture and utilization (CCU) strategy has been proposed whereby CO
2
can be captured and
in situ
activated simultaneously to participate in the subsequent conversion under mild conditions, offering valuable compounds. As an alternative to CCS, the CCU has attracted much concern. Although various absorbents have been developed for the CCU strategy, the direct,
in situ
chemical conversion of the captured CO
2
into valuable chemicals remains in its infancies compared with the gaseous CO
2
conversion. This review summarizes the recent progress on CO
2
capture and
in situ
catalytic transformation. The contents are introduced according to the absorbent types, in which different reaction type is involved and the transformation mechanism of the captured CO
2
and the role of the absorbent in the conversion are especially elucidated. We hope this review can shed light on the transformation of the captured CO
2
and arouse broad concern on the CCU strategy.
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