Exception handling is a feature in C++ that allows the program to handle and manage errors or exceptions that might occur during runtime. It is a mechanism to detect and respond to runtime errors, allowing the program to continue running instead of crashing. Exception handling is implemented using try-catch blocks, where a block of code is put in the try section that might throw an exception. The catch section contains the code that will handle the exception, by catching it and providing a response. Exception handling can also be done using throw and catch statements, where the throw statement is used to raise an exception, and the catch statement is used to handle it. Exceptions can be of any type, including built-in types and user-defined types. Exception handling is an important aspect of error management in C++, providing a way to gracefully handle runtime errors and maintain the stability of the program.