The inorganic-carbonate dual-phase membrane represents a class of dense membranes that are fabricated using diverse support materials, ranging from metals to ceramics. This dual-phase membrane consists of a porous metal or ceramic support with an introduced carbonate phase within the support pores. Compared with polymer and zeolite membranes, inorganic-carbonate dual-phase membranes exhibit exceptional CO2 selectivity at elevated temperatures (>500 °C), making them an ideal choice for high-temperature CO2 separation in power plant systems. The present paper provides a comprehensive overview of the separation principle, significant models, and preparation techniques employed in carbonate dual-phase membranes for CO2 separation. The present study aims to discuss key factors that limit the CO2 permeation performance and stability of membranes, while also exploring the potential applications of dual-phase membranes in various fields. The identification of key challenges in the future development of the carbonate dual-phase membrane has been highlighted in this work. The future trajectory of research and development should be directed toward overcoming these challenges, encompassing the synthesis technology of membranes, balance optimization of membrane structure and performance, modification of physical and chemical properties of molten carbonate, and advancement in high-temperature sealing techniques, as well as exploration of diverse membrane reactors based on carbonate dual-phase membranes for prospective applications.