Accurate measurement and prediction of the phase behaviour of mixtures involved in a chemical process are crucial for its optimisation. Given the importance of CO2 conversion technologies and considering possible benefits of CO2-ionic liquid biphasic systems, i.e., facilitating a product separation, we investigated the high-pressure behaviour of components of interest in a recently developed process of cyclic carbonate synthesis directly from CO2 and potentially bio-based alcohols. The solubility of 1,2-butanediol and 1,2-butylene carbonate in a dense carbon dioxide phase was determined experimentally at the temperature of 313.2 K and pressures between 6 and 18 MPa. The influence of 1-hexyl-3-methylimidazolium tris(pentafluoroethyl)trifluorophosphate ionic liquid, [hmim][FAP], as a solvent, on the solubility of these compounds in CO2-rich phase, in ternary (CO2 + 1,2-butanediol + [hmim][FAP]), CO2 + butylene carbonate + [hmim][FAP]) and quaternary (CO2 + 1,2-butanediol + butylene carbonate + [hmim][FAP]) mixtures was investigated. The experimental results of the two binary systems were correlated using the density-based Chrastil equation. The knowledge of phase equilibria behaviours reported in this work will be useful for designing chemical conversions of carbon dioxide using [hmim][FAP] ionic liquid as reaction solvents.