Rubisco, short for ribulose-1,5-bisphosphate carboxylase/oxygenase, is an enzyme that plays a critical role in the process of photosynthesis by catalyzing the first major step of carbon fixation in the Calvin Cycle. It facilitates the reaction between carbon dioxide and ribulose-1,5-bisphosphate, leading to the formation of 3-phosphoglycerate. This enzyme is essential for converting inorganic carbon into organic compounds, making it a key player in plant metabolism and overall ecosystem productivity.