Since their discovery in 2004, carbon dots (CDs), with particle sizes < 10 nm, have found use in various applications, mainly based on the material's fluorescent properties. However, other potential uses of CDs remain relatively unexplored when compared to other carbon-based nanomaterials. In particular, the use of CDs as catalysts and as supports for use in catalytic reactions, is still in its infancy. Many studies have indicated the advantages of using CDs in catalysis, but there are difficulties associated with their stability, separation, and aggregation due to their small size. This small size does however allow for studying the interaction of small catalyst particles with small dimensional supports, including the inverse support interaction. However, recent studies have indicated that CDs are not stable under high temperature conditions (especially >250 °C; with and without a catalyst) suggesting that the CDs may agglomerate and transform under some reaction conditions. The agglomeration of the metal in a CD/metal catalyst, especially because of the CDs agglomeration and transformation at high temperature, is not always considered in studies using CDs as catalysts, as post-reaction analysis of a catalyst is not always undertaken. Further, it appears that under modest thermal reaction conditions, CDs can react with some metal ions to change their morphology, a reaction that relates to the metal reducibility. This review has thus been undertaken to indicate the advantages, as well as the limitations, of using CDs in catalytic studies. The various techniques that have been used to evaluate these issues is given, and some examples from the literature that highlight the use of CDs in catalysis are described. [ABSTRACT FROM AUTHOR]