Metal-ligand cooperative Cp*Ir(iii) complexes derived from primary benzylic amines effectively promote transfer hydrogenation of atmospheric CO2 using 2-propanol at 80 °C. Isotope-labelling experiments strengthen that active Ir species can preferentially reduce bicarbonate congeners formed from CO2. The powerful transfer hydrogenation catalyst exhibits remarkable activity for the conversion of bicarbonates into formate salts with a turnover number up to 3200, even without H2 and CO2.