Biochar (BC), a carbon‐dense substance created through the pyrolysis of organic biomass, has garnered considerable interest as a promising option for sustainable mitigation methods. A comprehensive examination of the diverse attributes of BC and its implications for addressing contemporary environmental issues while fostering sustainable practices is compiled in this review. The synthesis techniques and structural attributes of BC are scrutinized initially, emphasizing its remarkable features such as broad surface area, porosity, and active sites. These characteristics of BC are conducive to myriad environmental applications, including pollutant remediation, soil health enhancement, and carbon sequestration. Subsequently, this review delves into the mechanisms underlying BC's effectiveness in environmental remediation. BC exhibits augmented adsorption capacities, catalytic functionalities, and interactions with microorganisms, facilitating the removal of contaminants from different matrices of the environment. Recently, BC and their products such as nano‐BC have gained widespread recognition as a feasible option for sustainable carbon material. Fabrication, characterization, modification, and diverse applications of BC were also discussed in detail. Its integration into agriculture holds promise for enhancing soil organic matter, augmenting production, and mitigating gas emissions, thereby contributing to food security and climate change mitigation. In conclusion, BC and nano‐BC emerge as a promising avenue for addressing environmental challenges and advancing sustainable development objectives. However, further research is warranted to optimize synthesis methodologies, elucidate long‐term environmental implications, and facilitate scalable production for widespread adoption.
