The effects of fixing the redox mediator (RM) reduction potential relative to a series of Cr-centered complexes capable of the reduction of CO₂ to CO are disclosed. The greatest co-electrocatalytic activity enhancement is observed when the reduction potentials of the catalyst and RM are identical, implying that controlling the speciation of the Cr complex relative to RM activation is essential for improving catalytic performance. In all cases, the potential where co-catalytic activity is observed matches the reduction potential of the RM, regardless of the relative reduction potential of the Cr complex.