Carbon Capture and Storage (CCS) is recognized as a potent strategy for managing the accumulation of human-generated CO2 in the atmosphere, helping to alleviate climate change’s effects. The CO2 gas is captured from the point source through methods such as pre-treating fossil fuels, oxy-fuel combustion, or post-combustion capture; thereafter; it is transported to a storage location and injected into geological formations. This article provides an overview of carbon dioxide capture and sequestration, focusing on its key principles, technologies, associated risks, and challenges. Direct Air Capture (DAC) and Scalable Modelling, Artificial intelligence (Al), Rapid Theoretical calculations SMART technologies are detailed as emerging and promising approaches to CO2 capture. Numerous pilot and commercial projects commissioned to manage carbon dioxide emissions are presented. Additionally, the paper explores approaches combining geological, geophysical, geochemical, and environmental monitoring techniques to ensure the secure and sustainable storage of CO2 underground. These are essential to address uncertainties, minimize risks, and build public confidence in CCS as a viable climate mitigation strategy. The successful deployment of these technologies on a global scale will require continued innovation, particularly in the areas of monitoring, risk management, and public engagement. Emerging technologies such as AI and SMART systems could play a crucial role in enhancing the efficiency and safety of CCS operations. However, the integration of these advancements with existing infrastructure and regulatory frameworks remains a challenge. Ultimately, a multi-disciplinary approach, combining technological, economic, and regulatory perspectives, will be vital to realizing the full potential of CCS in combating climate change.