The copolymerization of CO 2 and epoxides in the presence of chain-transfer agents (CTAs) has provided a well-controlled route to polycarbonate polyols. Upon employing dicarboxylic acid CTAs which contain discrete metalbinding sites, it is possible to synthesize polycarbonates with a single-metal complex present in the main chain, either during the copolymerization process or in a postpolymerization procedure. In these ways, the (bipy)Re(CO) 3 Br complex has been incorporated into the polycarbonate backbone. Furthermore, in a one-pot, two-step synthesis, a second epoxide containing a vinyl substituent can be introduced to afford a triblock ABA polycarbonate, where the metal is contained in the B block. Subsequent to the thiol−ene click chemistry of HS ∧ COOH and deprotonation, the resulting anionic polymer is shown to self-assemble in deionized water to provide rather uniform, spherical micelles. Since this procedure is modular, it is applicable to a wide variety of CTAs containing metal complexes or metal-binding sites, thereby providing a pathway to synthesize a wide range of micellar catalysts for pursuing organometallic transformations in water.