The environmental and societal consequences of the increasing levels of carbon dioxide in our atmosphere are among the most significant challenges society currently faces. Carbon dioxide utilization, in which carbon dioxide is either used directly or converted into more valuable products, is likely to be one component of a broad strategy to reduce carbon dioxide emissions, a challenge that will require both technological and policy changes. Catalysis is crucial to the successful conversion of carbon dioxide into value-added products. Here, we provide a review on chemical and biological systems for carbon dioxide conversion directed toward the readers of ACS Catalysis, which focuses on providing a general perspective on the field, rather than technical details. We discuss both challenges related to the conversion of carbon dioxide into specific products such as carbon monoxide, formic acid, methanol, methane, ethylene, fuels, carboxylic acids, and polymers as well as general challenges for the field. We also compare and contrast different methods for carbon dioxide conversion, for example homogeneous versus heterogeneous catalysis or photosynthetic versus nonphotosynthetic biological conversion, and highlight areas where one approach may have advantages over another. In a concluding section, we identify problems related to carbon dioxide conversion that will need to be addressed for technology to be both viable and reduce carbon dioxide emissions.