Carbon quantum dots (CQDs) decoration have been widely acknowledged as promising strategy in photocatalysis, yet in-depth understanding of the effect of different functionalized CQDs on CO2 photocatalytic reduction is still lacked. Herein, three kinds of functionalized CQDs, i.e. carboxylic CQDs (CCQDs), amino CQDs (NCQDs) and sulfonated CQDs (SCQDs), were homogeneously anchored on amino-rich g-C3N4 (U1W1-CN) to investigate their CO2 reduction behaviors under simulated solar-light illumination. Structural analysis demonstrated that potential amide covalent bonds formed between U1W1-CN and CCQDs, and noncovalent conjugations might exist between U1W1-CN and SCQDs, while strong electrostatic attraction between U1W1-CN and NCQDs. Performance tests showed CQDs decoration greatly enhanced the CO2 reduction activity, with 7%CCQDs/U1W1-CN exhibiting the optimal CO and CH4 productions of 40.94 μmol g−1 and 2.2 μmol g−1 under 4 h light irradiation, markedly higher than those of 7%SCQDs/U1W1-CN and 7%NCQDs/U1W1-CN. After comprehensive analysis, it was found that CCQDs decoration endowed U1W1-CN with better CO2 adsorption and activation. And due to the potential amide covalent bonds formed between CCQDs and U1W1-CN, 7%CCQDs/U1W1-CN delivered the largest electron density and most abundant COOH– intermediates, contributing much to its superior CO2 reduction activity over 7%NCQDs/U1W1-CN and 7%SCQDs/U1W1-CN. It is expected that the critical role of functional group modulation on CQDs in enhancing CO2 photocatalytic reduction revealed in this work can provide valuable insights into the rational design of more advanced photocatalysts for targeted reactions.