Poly(propylene carbonate) (PPC) is gaining significant momentum as a biodegradable polymer using CO2 as an abundant, low-cost and renewable feedstock. Yet, PPC suffers from unsatisfactory thermal and mechanical properties, and its blends with other synthetic polymers as the second component typically exhibit poor compatibility. Herein, novel furan-based non-isocyanate polyurethanes (NIPUs) with high molecular weights and narrow distributions have been synthesized starting from 5-hydroxymethylfurfural (HMF) via a four-step procedure including reduction, glycidylation, carbonation of CO2 and step-growth polymerization with diamines. Owing to the structural similarity and intermolecular hydrogen bonding interactions, furan-based NIPUs display good compatibility with PPC. A sea-island morphology can be observed in SEM images of PPC/NIPU blends, where the NIPU phases are randomly dispersed in the PPC matrix. Moreover, the blends exhibit only one T-g (higher than both that of PPC and the corresponding NIPU) on the DSC curves, which first increase and then decrease when increasing the content of NIPUs from 0 wt% to 15 wt%. Notably, the physical crosslinking formed by hydrogen bonding interactions, coupled with the rigidity of furan rings, confer simultaneous improvements of elongation at the break and tensile strength, affording high-performance CO2-based biodegradable polymeric materials with low carbon footprint, good sustainability, and ideal biocompatibility.