In this study, heterogeneous palladium catalysts supported on ordered mesoporous cobalt oxide–carbon nanocomposites were applied to the water-mediated Suzuki coupling reaction of chlorobenzene and phenylboronic acid and exhibited a high yield of biphenyl (49%) under mild reaction conditions free of phase-transfer agents and ligands. Product yields in the reaction of aryl chlorides containing electron-withdrawing groups attached to their benzene ring can reach approximately 90%. Thiol-functionalized mesoporous silica, which can trap soluble Pd species, was used to confirm the negligible leaching in solution and therefore heterogeneous reaction. This heterogeneous catalyst is stable, showing unobvious activity loss after 10 catalytic runs. Characterization by X-ray diffraction, transmission electron microscopy, X-ray photoelectron spectroscopy, X-ray absorption fine structure analysis, and N2 sorption techniques revealed intercalated CoO nanoparticles inside a carbon matrix with uniform mesopore sizes (∼3 n...