Mood: The mood of the video appears to be romantic and introspective, with a sense of nostalgia. The theme seems to revolve around the complexities of life and relationships, as hinted by the title 'Aye Zindagi'. The emotions conveyed are calm and contemplative, with a touch of melancholy.

Environment: The setting of the video appears to be outdoors, possibly a rural or natural location with trees and a building in the background. The couple is seated on the ground, which adds to the casual and intimate atmosphere of the scene. The overall setting seems serene and peaceful, with a warm color tone that evokes a sense of comfort and closeness.