Recently, considerable attention has been given to the valorization of dredged sediments around the world, which are considered waste. The reuse of dredged sediments has significantly contributed to Sustainable Development Goals. However, the efficiency and cost assessments of calcined sediments as a partial replacement for cement are not well understood. In this present investigation, the use of calcined sediments from dams as a green construction material on the properties of eco-pastes and mortars formulation is explored. Properties measurements, microscopic observation, eco-strength efficiency, and cost assessments were performed on fresh, hardened mortars in order to valorize calcined sediments in the cement industry. The best findings for the compressive and tensile strengths of mortars containing calcined sediments were obtained after 180 days, which was compared to the control mortar. Furthermore, microscopic analyses showed that an increase in the substitution rates of calcined sediment resulted in the increasing germination of calcium aluminate silicate hydrate gel (C-A-S-H) and calcium silicate hydrate gel (C-S-H). The control mortar showed an efficiency of 0.0902 MPa/kgCO2 eq for 28 days while the eco-strength efficiency of mortars containing 5%, 15%, and 25% of calcined sediments presented an efficiency of 0.0920 MPa/kgCO2 eq, 0.0922 MPa/kgCO2 eq, and 0.0997 MPa/kgCO2 eq, which represents an increase of 1.9%, 2.21% and 10.51%, respectively. However, the replacement of cement with calcined sediments up to a rate of 25% decreases embodied carbon. In conclusion, the cost of treatment of one (1) ton of sediments is lower than cement, which represents a reduction from 81.96% to 86%.