The use of supercritical carbon dioxide as a reaction medium for polyester synthesis is hindered by the low solubility of diols in CO2. However, it has been previously demonstrated that fluorinated compounds can exhibit greater miscibility with carbon dioxide than their hydrocarbon analogs. Therefore, the phase behavior of fluorinated diols and divinyl adipate (DVA), an activated diester, in supercritical carbon dioxide has been investigated at 323 K. The phase behavior of equimolar mixtures of DVA with the most carbon dioxide-soluble diol, 3,3,4,4,5,5,6,6-octafluorooctan-1,8-diol (OFOD), was also determined. The solubility of a polyester synthesized from DVA and 2,2,3,3-tetrafluoro-1,4-butanediol (TFBD) was found to be less CO2-soluble than its monomers. DVA was much more soluble in CO2 than any of the fluorinated diols, therefore, no attempt was made to fluorinate the DVA structure. Because both substrates and polyester product were soluble in carbon dioxide, the enzymatic synthesis of a fluorinated polyester from DVA and octafluorooctandiol was performed in supercritical carbon dioxide, resulting in a polymer with a weight average molecular weight of 8232 Da.