The greenhouse effect is one of the concerning environmental problems. Farmland soil is an important source of greenhouse gases (GHG), which is characterized by the wide range of ways to produce GHG, multiple influencing factors and complex regulatory measures. Therefore, reducing GHG emissions from farmland soil is a hot topic for relevant researchers. This review systematically expounds on the main pathways of soil CO2, CH4 and N2O; analyzes the effects of soil temperature, moisture, organic matter and pH on various GHG emissions from soil; and focuses on the microbial mechanisms of soil GHG emissions under soil remediation modes, such as biochar addition, organic fertilizer addition, straw return and microalgal biofertilizer application. Finally, the problems and environmental benefits of various soil remediation modes are discussed. This paper points out the important role of microalgae biofertilizer in the GHG emissions reduction in farmland soil, which provides theoretical support for realizing the goal of “carbon peaking and carbon neutrality” in agriculture.