diff --git a/CODEOWNERS b/CODEOWNERS
index 859bcf248c..a8305a6e90 100644
--- a/CODEOWNERS
+++ b/CODEOWNERS
@@ -110,6 +110,7 @@ esphome/components/gp8403/* @jesserockz
 esphome/components/gpio/* @esphome/core
 esphome/components/gps/* @coogle
 esphome/components/graph/* @synco
+esphome/components/gree/* @orestismers
 esphome/components/grove_tb6612fng/* @max246
 esphome/components/growatt_solar/* @leeuwte
 esphome/components/haier/* @paveldn
diff --git a/esphome/components/gree/__init__.py b/esphome/components/gree/__init__.py
new file mode 100644
index 0000000000..e69de29bb2
diff --git a/esphome/components/gree/climate.py b/esphome/components/gree/climate.py
new file mode 100644
index 0000000000..02ce7b12d4
--- /dev/null
+++ b/esphome/components/gree/climate.py
@@ -0,0 +1,33 @@
+import esphome.codegen as cg
+import esphome.config_validation as cv
+from esphome.components import climate_ir
+from esphome.const import CONF_ID, CONF_MODEL
+
+CODEOWNERS = ["@orestismers"]
+
+AUTO_LOAD = ["climate_ir"]
+
+gree_ns = cg.esphome_ns.namespace("gree")
+GreeClimate = gree_ns.class_("GreeClimate", climate_ir.ClimateIR)
+
+Model = gree_ns.enum("Model")
+MODELS = {
+    "generic": Model.GREE_GENERIC,
+    "yan": Model.GREE_YAN,
+    "yaa": Model.GREE_YAA,
+    "yac": Model.GREE_YAC,
+}
+
+CONFIG_SCHEMA = climate_ir.CLIMATE_IR_WITH_RECEIVER_SCHEMA.extend(
+    {
+        cv.GenerateID(): cv.declare_id(GreeClimate),
+        cv.Required(CONF_MODEL): cv.enum(MODELS),
+    }
+)
+
+
+async def to_code(config):
+    var = cg.new_Pvariable(config[CONF_ID])
+    cg.add(var.set_model(config[CONF_MODEL]))
+
+    await climate_ir.register_climate_ir(var, config)
diff --git a/esphome/components/gree/gree.cpp b/esphome/components/gree/gree.cpp
new file mode 100644
index 0000000000..1bbb443fce
--- /dev/null
+++ b/esphome/components/gree/gree.cpp
@@ -0,0 +1,157 @@
+#include "gree.h"
+#include "esphome/components/remote_base/remote_base.h"
+
+namespace esphome {
+namespace gree {
+
+static const char *const TAG = "gree.climate";
+
+void GreeClimate::set_model(Model model) { this->model_ = model; }
+
+void GreeClimate::transmit_state() {
+  uint8_t remote_state[8] = {0x00, 0x00, 0x00, 0x00, 0x00, 0x20, 0x00, 0x00};
+
+  remote_state[0] = this->fan_speed_() | this->operation_mode_();
+  remote_state[1] = this->temperature_();
+
+  if (this->model_ == GREE_YAN) {
+    remote_state[2] = 0x60;
+    remote_state[3] = 0x50;
+    remote_state[4] = this->vertical_swing_();
+  }
+
+  if (this->model_ == GREE_YAC) {
+    remote_state[4] |= (this->horizontal_swing_() << 4);
+  }
+
+  if (this->model_ == GREE_YAA || this->model_ == GREE_YAC) {
+    remote_state[2] = 0x20;  // bits 0..3 always 0000, bits 4..7 TURBO,LIGHT,HEALTH,X-FAN
+    remote_state[3] = 0x50;  // bits 4..7 always 0101
+    remote_state[6] = 0x20;  // YAA1FB, FAA1FB1, YB1F2 bits 4..7 always 0010
+
+    if (this->vertical_swing_() == GREE_VDIR_SWING) {
+      remote_state[0] |= (1 << 6);  // Enable swing by setting bit 6
+    } else if (this->vertical_swing_() != GREE_VDIR_AUTO) {
+      remote_state[5] = this->vertical_swing_();
+    }
+  }
+
+  // Calculate the checksum
+  if (this->model_ == GREE_YAN) {
+    remote_state[7] = ((remote_state[0] << 4) + (remote_state[1] << 4) + 0xC0);
+  } else {
+    remote_state[7] =
+        ((((remote_state[0] & 0x0F) + (remote_state[1] & 0x0F) + (remote_state[2] & 0x0F) + (remote_state[3] & 0x0F) +
+           ((remote_state[5] & 0xF0) >> 4) + ((remote_state[6] & 0xF0) >> 4) + ((remote_state[7] & 0xF0) >> 4) + 0x0A) &
+          0x0F)
+         << 4) |
+        (remote_state[7] & 0x0F);
+  }
+
+  auto transmit = this->transmitter_->transmit();
+  auto *data = transmit.get_data();
+  data->set_carrier_frequency(GREE_IR_FREQUENCY);
+
+  data->mark(GREE_HEADER_MARK);
+  data->space(GREE_HEADER_SPACE);
+
+  for (int i = 0; i < 4; i++) {
+    for (uint8_t mask = 1; mask > 0; mask <<= 1) {  // iterate through bit mask
+      data->mark(GREE_BIT_MARK);
+      bool bit = remote_state[i] & mask;
+      data->space(bit ? GREE_ONE_SPACE : GREE_ZERO_SPACE);
+    }
+  }
+
+  data->mark(GREE_BIT_MARK);
+  data->space(GREE_ZERO_SPACE);
+  data->mark(GREE_BIT_MARK);
+  data->space(GREE_ONE_SPACE);
+  data->mark(GREE_BIT_MARK);
+  data->space(GREE_ZERO_SPACE);
+
+  data->mark(GREE_BIT_MARK);
+  data->space(GREE_MESSAGE_SPACE);
+
+  for (int i = 4; i < 8; i++) {
+    for (uint8_t mask = 1; mask > 0; mask <<= 1) {  // iterate through bit mask
+      data->mark(GREE_BIT_MARK);
+      bool bit = remote_state[i] & mask;
+      data->space(bit ? GREE_ONE_SPACE : GREE_ZERO_SPACE);
+    }
+  }
+
+  data->mark(GREE_BIT_MARK);
+  data->space(0);
+
+  transmit.perform();
+}
+
+uint8_t GreeClimate::operation_mode_() {
+  uint8_t operating_mode = GREE_MODE_ON;
+
+  switch (this->mode) {
+    case climate::CLIMATE_MODE_COOL:
+      operating_mode |= GREE_MODE_COOL;
+      break;
+    case climate::CLIMATE_MODE_DRY:
+      operating_mode |= GREE_MODE_DRY;
+      break;
+    case climate::CLIMATE_MODE_HEAT:
+      operating_mode |= GREE_MODE_HEAT;
+      break;
+    case climate::CLIMATE_MODE_HEAT_COOL:
+      operating_mode |= GREE_MODE_AUTO;
+      break;
+    case climate::CLIMATE_MODE_FAN_ONLY:
+      operating_mode |= GREE_MODE_FAN;
+      break;
+    case climate::CLIMATE_MODE_OFF:
+    default:
+      operating_mode = GREE_MODE_OFF;
+      break;
+  }
+
+  return operating_mode;
+}
+
+uint8_t GreeClimate::fan_speed_() {
+  switch (this->fan_mode.value()) {
+    case climate::CLIMATE_FAN_LOW:
+      return GREE_FAN_1;
+    case climate::CLIMATE_FAN_MEDIUM:
+      return GREE_FAN_2;
+    case climate::CLIMATE_FAN_HIGH:
+      return GREE_FAN_3;
+    case climate::CLIMATE_FAN_AUTO:
+    default:
+      return GREE_FAN_AUTO;
+  }
+}
+
+uint8_t GreeClimate::horizontal_swing_() {
+  switch (this->swing_mode) {
+    case climate::CLIMATE_SWING_HORIZONTAL:
+    case climate::CLIMATE_SWING_BOTH:
+      return GREE_HDIR_SWING;
+    default:
+      return GREE_HDIR_MANUAL;
+  }
+}
+
+uint8_t GreeClimate::vertical_swing_() {
+  switch (this->swing_mode) {
+    case climate::CLIMATE_SWING_VERTICAL:
+    case climate::CLIMATE_SWING_BOTH:
+      return GREE_VDIR_SWING;
+    default:
+      return GREE_VDIR_MANUAL;
+  }
+}
+
+uint8_t GreeClimate::temperature_() {
+  return (uint8_t) roundf(clamp<float>(this->target_temperature, GREE_TEMP_MIN, GREE_TEMP_MAX));
+}
+
+}  // namespace gree
+}  // namespace esphome
diff --git a/esphome/components/gree/gree.h b/esphome/components/gree/gree.h
new file mode 100644
index 0000000000..e7131a2b89
--- /dev/null
+++ b/esphome/components/gree/gree.h
@@ -0,0 +1,97 @@
+#pragma once
+
+#include "esphome/components/climate_ir/climate_ir.h"
+
+namespace esphome {
+namespace gree {
+
+// Values for GREE IR Controllers
+// Temperature
+const uint8_t GREE_TEMP_MIN = 16;  // Celsius
+const uint8_t GREE_TEMP_MAX = 30;  // Celsius
+
+// Modes
+const uint8_t GREE_MODE_AUTO = 0x00;
+const uint8_t GREE_MODE_COOL = 0x01;
+const uint8_t GREE_MODE_HEAT = 0x04;
+const uint8_t GREE_MODE_DRY = 0x02;
+const uint8_t GREE_MODE_FAN = 0x03;
+
+const uint8_t GREE_MODE_OFF = 0x00;
+const uint8_t GREE_MODE_ON = 0x08;
+
+// Fan Speed
+const uint8_t GREE_FAN_AUTO = 0x00;
+const uint8_t GREE_FAN_1 = 0x10;
+const uint8_t GREE_FAN_2 = 0x20;
+const uint8_t GREE_FAN_3 = 0x30;
+const uint8_t GREE_FAN_TURBO = 0x80;
+
+// IR Transmission
+const uint32_t GREE_IR_FREQUENCY = 38000;
+const uint32_t GREE_HEADER_MARK = 9000;
+const uint32_t GREE_HEADER_SPACE = 4000;
+const uint32_t GREE_BIT_MARK = 620;
+const uint32_t GREE_ONE_SPACE = 1600;
+const uint32_t GREE_ZERO_SPACE = 540;
+const uint32_t GREE_MESSAGE_SPACE = 19000;
+
+// Timing specific for YAC features (I-Feel mode)
+const uint32_t GREE_YAC_HEADER_MARK = 6000;
+const uint32_t GREE_YAC_HEADER_SPACE = 3000;
+const uint32_t GREE_YAC_BIT_MARK = 650;
+
+// State Frame size
+const uint8_t GREE_STATE_FRAME_SIZE = 8;
+
+// Only available on YAN
+// Vertical air directions. Note that these cannot be set on all heat pumps
+const uint8_t GREE_VDIR_AUTO = 0x00;
+const uint8_t GREE_VDIR_MANUAL = 0x00;
+const uint8_t GREE_VDIR_SWING = 0x01;
+const uint8_t GREE_VDIR_UP = 0x02;
+const uint8_t GREE_VDIR_MUP = 0x03;
+const uint8_t GREE_VDIR_MIDDLE = 0x04;
+const uint8_t GREE_VDIR_MDOWN = 0x05;
+const uint8_t GREE_VDIR_DOWN = 0x06;
+
+// Only available on YAC
+// Horizontal air directions. Note that these cannot be set on all heat pumps
+const uint8_t GREE_HDIR_AUTO = 0x00;
+const uint8_t GREE_HDIR_MANUAL = 0x00;
+const uint8_t GREE_HDIR_SWING = 0x01;
+const uint8_t GREE_HDIR_LEFT = 0x02;
+const uint8_t GREE_HDIR_MLEFT = 0x03;
+const uint8_t GREE_HDIR_MIDDLE = 0x04;
+const uint8_t GREE_HDIR_MRIGHT = 0x05;
+const uint8_t GREE_HDIR_RIGHT = 0x06;
+
+// Model codes
+enum Model { GREE_GENERIC, GREE_YAN, GREE_YAA, GREE_YAC };
+
+class GreeClimate : public climate_ir::ClimateIR {
+ public:
+  GreeClimate()
+      : climate_ir::ClimateIR(GREE_TEMP_MIN, GREE_TEMP_MAX, 1.0f, true, true,
+                              {climate::CLIMATE_FAN_AUTO, climate::CLIMATE_FAN_LOW, climate::CLIMATE_FAN_MEDIUM,
+                               climate::CLIMATE_FAN_HIGH},
+                              {climate::CLIMATE_SWING_OFF, climate::CLIMATE_SWING_VERTICAL,
+                               climate::CLIMATE_SWING_HORIZONTAL, climate::CLIMATE_SWING_BOTH}) {}
+
+  void set_model(Model model);
+
+ protected:
+  // Transmit via IR the state of this climate controller.
+  void transmit_state() override;
+
+  uint8_t operation_mode_();
+  uint8_t fan_speed_();
+  uint8_t horizontal_swing_();
+  uint8_t vertical_swing_();
+  uint8_t temperature_();
+
+  Model model_{};
+};
+
+}  // namespace gree
+}  // namespace esphome
diff --git a/tests/test1.yaml b/tests/test1.yaml
index bfed0d5daa..e1db8dda8d 100644
--- a/tests/test1.yaml
+++ b/tests/test1.yaml
@@ -2297,6 +2297,9 @@ climate:
     heat_mode: extended
   - platform: whynter
     name: Whynter
+  - platform: gree
+    name: GREE
+    model: generic
   - platform: zhlt01
     name: ZH/LT-01 Climate