The electrochemical reduction of CO₂ (eCO2RR) has emerged as a promising route for carbon-neutral fuel and chemical production, offering a sustainable alternative to fossil-based processes. This article begins with an overview of conventional CO₂ conversion methods, highlighting their limitations and the advantages of electrochemical approaches under ambient conditions. We focus on recent advancements in electrocatalyst development for the eCO2RR, including metal-based, Cu-based, and metal-free catalysts. Metal-based catalysts are categorized by product selectivity (formate, CO, and multicarbon products), emphasizing their structures and practical performance. Cu-based catalysts are discussed in detail due to their unique capability to produce multicarbon products, with emphasis on design strategies, material types, and performance trends. Additionally, we review emerging metal-free catalysts, including their synthesis, mechanisms, and potential applications. This article provides a comparative analysis to guide future research toward efficient, selective, and durable catalysts for CO₂ electroreduction, aiming to accelerate the deployment of carbon capture and utilization technologies.