“…Up-conversion leads to emission of photons of higher energy than the photons absorbed (anti-Stokes process). ,− It occurs when the emissive center is capable of accumulating energy from more than one ET event, and its advantages make it promising for new applications such as up-conversion lasers, , improved solar cells, , or bio-probes for theranostics . Down-conversion in turn, also called quantum cutting, produces photons of lower energy than the incoming ones. , When more than one photon per absorption event is emitted, >100% quantum yields may be observed. , Accessing improved solar cells may be among the benefits of this phenomenon . The active components leading to sensitized luminescence may be exploited in a variety of forms (glasses and ceramic materials, nanoparticles, polymers, metal–organic frameworks, etc.…”