Nanotechnology is a field of research that is constantly progressing and exploring the world of nanoparticles, which are minute particles with dimensions ranging from 1 to 100 nm. Its impact extends to various areas of study, including basic physics and medicinal chemistry. The minuscule size, rotational phase, and physical properties of nanoparticles are frequently used because they have been shown to modify the behavior of every other material that comes in contact with them. Various physical, elemental, and biological approaches can be employed to readily produce these particles. However, biological techniques are the most demanded preparation method because it is faster, more environmentally friendly and easier than other methods. Given the growing threat that climate change poses to the environment, it is much desired to develop sustainable and eco-friendly methods for producing metallic nanoparticles (Nps). This review gives a thorough analysis of the most recent studies on the production, uses, effects on the environment, and prospects for iron oxide nanoparticles are also provided. Also this review discuss briefly the latest advancements and prospective uses for environmentally friendly Silver Nanoparticles (AgNps), Gold Nanopaticles (AuNps), Copper/Copper Oxide Nanoparticles (CuO/CuNps), Zinc Oxide Nanoparticles (ZnO Nps).