During the last half-century, the CO₂ concentration in the world’s atmosphere has increased from 310 p.p.m. to over 380 p.p.m. This is due to the widespread usage of fossil fuels as a main source of energy. Modeling forecasts have shown that this trend will continue to rise and reducing CO₂ emissions is a challenging task for multi-stakeholders, including research institutions. The UN Climate Change Conference in Glasgow (COP26) has stressed that stakeholders need to work together to achieve a NetZero target. Technologies involving absorbents for the capture of CO₂ from a gas mixture are energy-intensive. Carbon adsorption and conversion (CAC) approaches have been gaining attention recently since these technologies can mitigate CO₂ emissions. In this review, materials ranging from advanced carbon-based materials to natural resources-based materials will be reviewed. Adsorption and conversion capacities as well as the scalability possibility of these technologies for solving the CO₂ emission problem will be investigated. The review, therefore, is timely and meaningful concerning the net zero emission targets set by countries and developmental organizations worldwide.