Present chapter describes recent advances in the field of development of ionic liquids as green and sustainable corrosion inhibitors for metals and alloys. The present chapter has been divided into several sections and subsections. Recently, development of the green and sustainable technologies for the corrosion prevention is highly desirable due to increasing ecological awareness and strict environmental regulations. In the last two decades, corrosion inhibition using ionic liquids has attracted considerable attention due to its interesting properties such as low volatility, non-inflammability, non-toxic nature, high thermal and chemical stability and high adorability. Several types of ionic liquids have been developed as "green corrosion inhibitors" for different metals and alloys such as mild steel, aluminum, copper, zinc, and magnesium in several electrolytic media. The ionic liquids are promising, noble, green and sustainable candidates to replace the traditional volatile corrosion inhibitors.