The synthesis and characterization of several zerovalent cobalt complexes with ab is(olefin)-amino ligand is presented. Some of these complexes proved to be efficient catalysts for the selective oxidation of secondary and allylic phosphanes,a sw ell as diphosphanes,e ven with ad irect PÀP bond. With 5mol %c atalyst loadings the oxidations proceed under mild conditions (25-70 8 8C, 7-22 h, 2bar N 2 O) and affordg ood to excellent yields (65-98 %). In this process,t he greenhouse gas N 2 Oi sc atalytically converted into benign N 2 and added-value organophosphorus compounds,s ome of which are difficult to obtain otherwise.Phosphane oxides find applications mainly as:1 )l igands in metal-catalyzed cross-coupling reactions (secondary phosphane oxides,O = PHR 2 ), [1] 2) contact doping for silicon wafers and nanostructures, [2] 3) photoinitiators, [3] 4) constituents of phosphorescent organic light emitting diodes (the so-called PHOLEDs), [4] and 5) extracting agents for actinides,l anthanides and transuranic elements,toname afew. [5] Tr aditionally they are prepared from phosphanes by aerobic oxidation or treatment with peroxides.These methods can be cumbersome because of low selectivity and functional-group tolerance which may lead to complicated work-up protocols and/or generation of chemical waste.Additionally,these methods are not suitable for highly sensitive phosphanes containing C=C, -A (Venezuela) Dr.M .V ogt Current address:Institut fürAnorganische Chemie und Kristallographie, UniversitätB remen, LeobenerS tr.NW2, 28359 Bremen (Germany) Supportinginformation and the ORCID identification number(s) for the author(s) of this article can be found under http://dx.