The continuous release of CO2 into the atmosphere as a major cause of increasing global warming has become a growing concern for the environment. Accordingly, CO2 absorption through an approach with maximum absorption efficiency and minimum energy consumption is of paramount importance. Thanks to the emergence of nanotechnology and its unique advantages in various fields, a new approach was introduced using suspended particles in a base liquid (suspension) to increase CO2 absorption. This review article addresses the performance of nanofluids, preparation methods, and their stability, which is one of the essential factors preventing sedimentation of nanofluids. This article aims to comprehensibly study the factors contributing to CO2 absorption through nanofluids, which mainly addresses the role of the base liquids and the reason behind their selection.