A nitrogen doped mesoporous carbon material was synthesized from glucose and melamine under hydrothermal treatment. A soft template, Brij-35 was used as a template. A nitrogen containing high surface area and porous channels makes this material an important support for palladium nanoparticles as well as a carbon dioxide capturing agent. Ethylene glycol was used as a reducing agent for the palladium nanoparticle synthesis. The palladium nanoparticle embedded porous nitrogen doped carbon material (Pd@N-GMC) was used for the synthesis of benzyl alcohols from aryl iodides via carbon dioxide fixation reaction. The catalyst was highly stable and reusable without any significance loss of its activity.