Seven new [Ir(NHC)(η 4 -cod)(L)] complexes (4−9, 11) with NHC = bmim, emim, L = Cl − , H 2 O, or the water-soluble phosphines mtppms-Na, mtppts-Na 3 , and pta were synthesized and characterized. Na 2 [Ir(bmim)(η 4 -cod)(mtppts)] ( 6) and [Ir(bmim)(η 4 -cod)-(pta)]Cl (7) actively catalyzed hydrogenation of alkenoic and oxo acids in aqueous solution. These catalysts were also found to be active in the hydrogenation of highly substituted CC bonds (such as those in methylmaleic and methylfumaric acids). The stability of 6 was significantly increased by the addition of formate or oxalate. Under hydrogen, active catalysts were formed in situ from [IrCl(bmim)(η 4 -cod)], [IrCl(η 4 -cod)(emim)], or [IrCl(η 4 -cod)-(IMes)] and mtppts-Na 3 or pta. In the presence of HCOONa, [IrCl(η 4 -cod)(bmim)] + mtppts-Na 3 showed a TOF of 150 h −1 in the hydrogenation of itaconic acid in water at 60 °C, which is the highest value determined to date for a water-soluble Ir(I) hydrogenation catalyst in an aqueous system. Both 6 and 7 selectively isomerized alk-1-en-3-ols to the corresponding methyl ketones with no need for an external reducing agent such as H 2 . Furthermore, Na 2 [Ir(bmim)(η 4cod)(mtppts)] (6) was also shown to catalytically decompose aqueous formate to H 2 and bicarbonate.