The Multifaceted Perspective on the Role of Green Synthesis of Nanoparticles in Promoting a Sustainable Green Economy

Abstract

The current economic development paradigm, which is based on steadily rising resource consumption and pollution emissions, is no longer viable in a world with limited resources and ecological capacity. The “green economy” idea has presented this context with a chance to alter how society handles the interplay between the environmental and economic spheres. The related concept of “green nanotechnology” aims to use nano-innovations within the fields of materials science and engineering to generate products and processes that are economically and ecologically sustainable, enabling society to establish and preserve a green economy. Many different economic sectors are anticipated to be impacted by these applications, including those related to corrosion inhibitor nanofertilizers, nanoremediation, biodegradation, heavy metal detection, biofuel, insecticides and pesticides, and catalytic CO2 reduction. These innovations might make it possible to use non-traditional water sources safely and to create construction materials that are enabled by nanotechnology, improving living and ecological conditions. Therefore, our aim is to highlight how nanotechnology is being used in the green economy and to present promises for nano-applications in this domain. In the end, it emphasizes how critical it is to attain a truly sustainable advancement in nanotechnology.