The hydrogenation of CO 2 to high-value-added liquid fuels is crucial for greenhouse gas emission reduction and optimal utilization of carbon resources. Developing supported heterogeneous catalysts is a key strategy in this context, as they offer well-defined active sites for in-depth mechanistic studies and improved catalyst design. Here, we conducted extensive first-principles calculations to systematically explore the reaction mechanisms for CO 2 hydrogenation on a heterogeneous bimetal NiAl-deposited metal−organic framework (MOF) NU-1000 and its catalytic performance as atomically dispersed catalysts for CO 2 hydrogenation to formic acid (HCOOH), formaldehyde (H 2 CO), and methanol (CH 3 OH). The present results reveal that the presence of the NiAl-oxo cluster deposited on NU-1000 efficiently activates H 2 , and the facile heterolysis of H 2 on Ni and adjacent O sites serves as a precursor to the hydrogenation of CO 2 into various C1 products HCOOH, H 2 CO, and CH 3 OH. Generally, H 2 activation is the ratedetermining step in the entire CO 2 hydrogenation process, the corresponding relatively low free energy barriers range from 14.5 to 15.9 kcal/mol, and the desorption of products on NiAl-deposited NU-1000 is relatively facile. Although the Al atom does not directly participate in the reaction, its presence provides exposed oxygen sites that facilitate the heterolytic cleavage of H 2 and the hydrogenation of C1 intermediates, which plays an important role in enhancing the catalytic activity of the Ni site. The present study demonstrates that the catalytic performance of NU-1000 can be finely tuned by depositing heterometal-oxo clusters, and the porous MOF should be an attractive platform for the construction of atomically dispersed catalysts.