Halophytes are naturally salt-tolerant plants with immense potential to become alternate crops for saline lands. While their economic benefits have gained increasing attention, often, the roles of halophytes in addressing different climate change-related issues are overlooked. Halophytes can be a renewable resource for clean ‘carbon-neutral’ energy by serving as biofuel or biogas feedstock, help in the sequestration of rising CO2 as well as the phytoremediation of various pollutants, can be a good source of food and fodder thereby help in achieving food security in arid/saline areas, can help in protection and biodiversity conservation in various ecosystems, and can provide livelihood to poor local communities inhabiting barren lands. This review also attempts to highlight various usages of halophytes in connection with a global change perspective. However, there are still many challenges such as economic viability, customer preferences, environmental impacts, and scale-up challenges, which need further research, innovation, effective policies, and collaboration. In general, this review provides a synthesis of various biological, environmental, and socioeconomic aspects of halophytes to fully exploit the potential of halophytes for human welfare and combating global climate changes.