The effect of cosolvent on the palladium catalyst which catalyze alkoxycarbonylation of allyl bromide in supercritical CO2 has been investigated. It was found that a small amount of cosolvent such as ethanol, CH2Cl2 and cyclohexane can affect both reaction yields and selectivities largely. Ethanol was the most favorable cosolvent for increasing the total yield of unsaturated esters and the selectivity of 3-butenoic acid ester. Using cosolvent ethanol and cocatalyst FeCl2 simultaneously can lead to better reaction results.