Reduction of CO₂ into fuels and chemicals by means of photocatalysis or electrocatalysis offers a sustainable route to mitigate greenhouse emissions. Hydrophobic metal-organic frameworks (MOFs) have emerged as promising photo/electro-catalysts for CO₂ reduction due to their tunable porosity, high surface areas, and ability to repel water for suppressing competing hydrogen evolution. This review summarized the recent advances of hydrophobic MOFs for photo/electrocatalytic CO₂ reduction, catalogged by the principle mechanism of CO₂ reducion, design strategies of hydrophobic MOFs and the applications of hydrophobic MOFs in CO₂ reduction. The personal perspectives are also proposed to inspire more efforts in designing diversified hydrophobic MOFs for efficient CO₂ utilization.