Molybdenum‐based materials offer high melting temperatures and promising mechanical properties; therefore, they are potential candidates for high‐temperature components, such as turbine blades. However, at temperatures above 700 °C, molybdenum suffers from severe pesting phenomenon, leading to decomposition of the component. Therefore, oxidation‐resistant environmental barrier coatings are crucial to prevent the material from degradation and to maintain its excellent mechanical properties at high temperatures. This review provides a detailed overview on the different coating concepts for Mo and Mo‐based alloys.