The photocatalytic reduction of CO2 into valuable chemicals and fuels has become a significant research focus in recent years due to its environmental sustainability and energy efficiency. Metal halide perovskites (MHPs), renowned for their remarkable optoelectronic properties and tunable structures, are regarded as promising photocatalysts. Yet, their practical uses are constrained by inherent instability, severe electron–hole recombination, and a scarcity of active sites, prompting substantial research efforts to optimize MHP‐based photocatalysts. This review summarizes the latest advancements in MHP‐based photocatalysis. First the fundamental principles of photocatalysis are outlined and the structural and optical characteristics of MHPs are evaluated. Then key strategies for enhancing MHP photocatalysts, including morphology and surface modification, encapsulation, metal cation doping, heterojunction engineering, and molecular immobilization are highlighted. Finally, considering recent research progress and the needs for industrial application, challenges and future prospects are explored. This review aims to support researchers in the development of more efficient and stable MHP‐based photocatalysts.