Bronchopulmonary dysplasia (BPD), also known as chronic lung disease of prematurity, is a chronic lung condition that can affect premature infants. It occurs as a result of lung injury from mechanical ventilation and oxygen therapy needed to treat respiratory distress syndrome. The incidence of BPD has increased with improved survival of very low birth weight infants. Risk factors include prematurity, infection, oxygen therapy, mechanical ventilation, and a patent ductus arteriosus. The pathogenesis involves oxidative stress, lung inflammation, and arrested alveolar development. Treatment focuses on preventing lung injury through gentle ventilation strategies, permissive hypercapnia/hypoxemia, nutrition support, and in some cases postnatal corticosteroids.