A novel Co(II) hydroxo complex Co{HB(3- Prpz) 3 = hydrotris(3-tert-butyl-5-isopropylpyrazol-l-yl)borate} has been prepared and its molecular structure has been determined by X-ray crystallography. This complex is mononuclear with distorted tetrahedral geometry. The reaction of CO 2 with Co{HB(3- Prpz) 3 }] 2 (CO 3 ) wherein the carbonate group is bound to both metal centers in an asymmetrical manner. In order to explore the role of labile metal complexes in promoting ester hydrolysis, complexes [Co{HB(3,