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ABSTRACT Travertine deposits are important records of past fluid flow in the Earth's crust, and document fluid migration through both tectonic activity and changes in climate. While many studies hint at possible relationships between travertine formation and global climate, none have investigated these connections on a global scale. Here we compile 1649 published travertine ages from six continents to test the hypothesis that global and/or regional changes in climate regulate travertine deposition. Peaks in bedded travertine ages occur with main frequencies that correspond to 100‐kyr changes in global climate, where most peaks occur during glacial terminations or interglacial periods, including a large peak that coincides with the Early Holocene climatic optimum. Time–series analysis also suggests a possible connection with 41‐kyr obliquity cycles. At regional scales, many peaks also correspond with local times of high precipitation or wet conditions. This can be attributed to higher groundwater recharge rates, providing the necessary water to form travertine. Many bedded travertine‐depositing systems may therefore be water‐limiting and sufficient CO₂may be present even during times of no travertine deposition. Exceptions to this conclusion are banded vein travertine deposits, which typically form during times of dry climate when water tables are low. Copyright © 2019 John Wiley & Sons, Ltd.