Integrating plasmonic features as an emerging strategy for enhancing electrocatalysis for the carbon dioxide reduction reaction (CO2RR). The key parameters responsible for the enhanced electrocatalysis performance are the local heating, the hot carriers, and near‐field enhancement induced by localized surface plasmon resonance (LSPR, that is, plasmonic) excitation. This review provides a concise overview of the fundamental mechanism of CO2RR, detailing the generation and decay of plasmonic and the energy transfer dynamics between plasmonic nanostructures and adsorbates. It further involves recent progress in plasmonic‐assisted electrocatalysis for CO2RR, including experimental and theoretical research to decipher plasmonic mechanisms. Finally, it ends with an insightful discussion of the existing challenges and potential future directions in this field.