A green approach is described that generates bulk quantities of nanocomposites containing transition metals such as Cu, Ag, In, and Fe at room temperature using a biodegradable polymer, carboxymethyl cellulose (CMC), by reacting respective metal salts with the sodium salt of CMC in aqueous media. These nanocomposites exhibit broader decomposition temperatures when compared with control CMC, and Ag-based CMC nanocomposites exhibit a luminescent property at longer wavelengths. The noble metals such as Au, Pt, and Pd do not react at room temperature with aqueous solutions of CMC, but do so rapidly under microwave irradiation (MW) conditions at 100 degrees C. This environmentally benign approach, which provides facile entry to the production of multiple shaped noble nanostructures without using any toxic reducing agent such as sodium borohydride (NaBH4), hydroxylamine hydrochloride, and so forth, and/or a capping/surfactant agent, and which uses a benign biodegradable polymer CMC, could find widespread technological and medicinal applications. The ensuing nanocomposites derived at room temperature and MW conditions were characterized using scanning electron microscopy, transmission electron microscopy, infrared spectroscopy, UV-visible spectroscopy, X-ray mapping, energy-dispersive analysis, and thermogravimetric analysis.