Metal-CO2 batteries, which use CO2 as the active species at cathodes, are particularly promising, but device design for mass-producible CO2 reduction and energetic power supply lag behind, limiting their potential benefits. In this study, an aqueous reversible flow-type Zn-CO2 battery using a Pd/SnO2@C cathode catalyst has been assembled and demonstrates an ultra-high discharge voltage of 1.38 V, a peak power density of 4.29 mW cm-2, high-energy efficiency of 95.64% and remarkable theoretical energy density (827.3 W h kg-1). In the meantime, this optimized system achieves a high formate faradaic efficiency of 95.86% during the discharge process at a high rate of 4.0 mA cm-2. This energy- and chemical-conversion technology could store and provide electricity, eliminate CO2 and produce valuable chemicals, addressing current energy and environment issues simultaneously.