Cp*Ir (Cp* = pentamethylcyclopentadienyl) complexes with an N,N-bidentate ligand such as 2,2'-bipyridine serve as catalysts for both carbon dioxide (CO 2 ) hydrogenation to formate and formic acid dehydrogenation in water. Previously, it was shown that the introduction of an electron-donating substituent on 2,2'-bipyridine is an effective method to improve the catalytic activity. Especially, the highly electron-donating hydroxyl (OH) substituent performs much better than other substituents such as methyl or methoxy under basic conditions. However, the introduction of an OH substituent on the ligand has been limited to six-membered rings such as pyridine or pyrimidine. These results prompted us to develop a new ligand comprising a pyridyl-pyrazole with an OH group on the pyrazole moiety for Cp*Ir-catalyzed CO 2 hydrogenation and formic acid dehydrogenation. The resultant catalyst showed high catalytic activity in CO 2 hydrogenation and excellent robustness in formic acid dehydrogenation with a turnover number of 10 million.New fuels without emission of air pollutants or greenhouse gases are being sought, and among them the use of hydrogen gas has drawn much attention. Safe and efficient utilization of hydrogen provides a convenient way to help combat the pressing challenge of global greenhouse gas emissions. However, significant technical and safety concerns regarding cryogenic liquid and compressed gaseous hydrogen together with its high flammability result in considerable barriers to widespread use. Therefore, rapid and controlled storage/ production of hydrogen in a safe and efficient manner is being extensively studied. Because of its relatively high gravimetric hydrogen content (4.3 wt%), its low toxicity toward the human body and the environment, and its easy accessibility by biomass processing, [1] formic acid (FA) has been widely considered as a liquid storage medium capable of releasing H 2 via its catalytic dehydrogenation. In addition, when FA is stored as an aqueous solution (< 85 wt%), it is not combustible. Toward the efficient production and storage of hydrogen, it is of considerable interest to develop highly active and durable catalysts that exhibit selective FA dehydrogenation to H 2 and CO 2 , and convert thermodynamically stable CO 2 and H 2 to formate.To date, much effort has been devoted to discover new and effective homogeneous catalysts [2] for both CO 2 hydrogenation to formate [3] and FA dehydrogenation. [3j,ae,4] Remarkable performance of catalysts for CO 2 hydrogenation has been achieved by many researchers. Nozaki and coworkers showed that an Ir complex coordinated by a PNP pincer ligand exhibited the high TOF (turnover frequency) of 150,000 h À1 and high TON (turnover number) of 3,500,000 at 200 8C