As urbanization continues to accelerate worldwide, the consequential rise in CO₂ emissions has caused substantial environmental challenges. Urban regeneration has emerged as a promising approach to reducing carbon emissions and developing low-carbon cities. Even though both urban regeneration and carbon emissions reduction have been researched from various perspectives, a thorough review is still required to completely reveal their multifaceted relationship. Based on 231 papers published between 2001 and 2023, a bibliometric analysis was conducted to understand the overall trajectory and main focus of the existing research. Then, we qualitatively analyzed the main findings from bibliometric results in terms of key regeneration elements, specific regeneration strategies, research methodologies, as well as research trends and agendas. The results indicated that research in this field is gradually becoming more specialized and comprehensive. Buildings and energy have always been two key urban regeneration elements and research hotspots. Additionally, as a systematic project, reducing carbon emissions requires further exploration of other regeneration elements’ contributions and their interactions in the urban system, which needs the corresponding support of more specific regeneration strategies and research methodologies. These findings can advance the development of innovative and impactful pathways for low-carbon oriented urban regeneration, leading ultimately to sustainable cities.