Alkali metal salts M 2 [1]( M= Li, Na) of doubly reduced 9,10-dimethyl-9,10-dihydro-9,10-diboraanthracene (1)i nstantaneously add the C=Ob ond of CO 2 across their boron centers to furnish formal [4+ +2]-cycloadducts M 2 [2]. If only 1equiv of CO 2 is supplied, these products are stable.I n the presence of excess CO 2 ,h owever,C À Ob ond cleavage occurs and an O 2À equivalent is transferred to CO 2 to furnish CO and [CO 3 ] 2À .W ith M = Li, Li 2 CO 3 precipitates and the neutral 1 is liberated such that it can be reduced again to establish ac atalytic cycle.W ith M = Na, [CO 3 ] 2À remains coordinated to both boron atoms in abridging mode (Na 2 [4]). Am echanistic scenario is proposed, based on isolated intermediates and model reactions.