Some of the most active catalysts for carbon dioxide and epoxide copolymerization are dinuclear metal complexes. Whilst efficient homodinuclear catalysts are known, until now heterodinuclear catalysts remain unreported. Here, a facile, in situ route to a catalyst system comprising a mixture of homo- and heteronuclear Zn–Mg complexes is presented. This catalyst system shows excellent polymerization control and exhibits significantly higher activity than the homodinuclear catalysts alone or in combination.