The electrocatalytic carbon dioxide (CO 2 ) reduction reaction (CO 2 RR) involves a variety of electron transfer pathways, resulting in poor reaction selectivity, limiting its use to meet future energy requirements.Polyoxometalates (POMs) can both store and release multiple electrons in the electrochemical process, and this is expected to be an ideal "electron switch" to match with catalytically active species, realize electron transfer modulation and promote the activity and selectivity of the electrocatalytic CO 2 RR.Herein, we report a series of new POM-based manganese-carbonyl (MnL) composite CO 2 reduction electrocatalysts, whereby SiW 12 -MnL exhibits the most remarkable activity and selectivity for CO 2 RR to CO, resulting in an increase in the faradaic efficiency (FE) from 65% (MnL) to a record-value of 95% in aqueous electrolyte. A series of control electrochemical experiments, photoluminescence spectroscopy (PL), transient photovoltage (TPV) experiments, and density functional theory (DFT) calculations revealed that POMs act as electronic regulators to control the electron transfer process from POM to MnL units during the electrochemical reaction, enhancing the selectivity of the CO 2 RR to CO and depressing the competitive hydrogen evolution reaction (HER). This work demonstrates the significance of electron transfer modulation in the CO 2 RR and suggests a new idea for the design of efficient electrocatalysts towards CO 2 RR.The preparation process of CsPOM/KB was as follows. Taking CsSiW 12 as an example, 0.08 g Cs 4 [a-SiW 12 O 40 ]$nH 2 O and 20 mg KB were mixed in 10 mL of aqueous solution uniformly by ultrasound for 1 hour. Then, the suspension was separated by centrifugation, washed with water three times, and dried in air. The obtained powder was denoted as CsSiW 12 /KB. CsPW 12 /KB and CsPMo 12 /KB were prepared in the same way. 3008 | Chem. Sci., 2020, 11, 3007-3015This journal is