Climate change has direct impacts on wildlife and future biodiversity protection efforts. Vulnerability assessment and habitat connectivity analyses are necessary for drafting effective conservation strategies for threatened species such as the Tibetan brown bear (Ursus arctos pruinosus). We used the maximum entropy (MaxEnt) model to assess the current (1950–2000) and future (2041–2060) habitat suitability by combining bioclimatic and environmental variables, and identified potential climate refugia for Tibetan brown bears in Sanjiangyuan National Park, China. Next, we selected Circuit model to simulate potential migration paths based on current and future climatically suitable habitat. Results indicate a total area of potential suitable habitat under the current climate scenario of approximately 31,649.46 km2, of which 28,778.29 km2 would be unsuitable by the 2050s. Potentially suitable habitat under the future climate scenario was projected to cover an area of 23,738.6 km2. Climate refugia occupied 2,871.17 km2, primarily in the midwestern and northeastern regions of Yangtze River Zone, as well as the northern region of Yellow River Zone. The altitude of climate refugia ranged from 4,307 to 5,524 m, with 52.93% lying at altitudes between 4,300 and 4,600 m. Refugia were mainly distributed on bare rock, alpine steppe, and alpine meadow. Corridors linking areas of potentially suitable brown bear habitat and a substantial portion of paths with low‐resistance value were distributed in climate refugia. We recommend various actions to ameliorate the impact of climate change on brown bears, such as protecting climatically suitable habitat, establishing habitat corridors, restructuring conservation areas, and strengthening monitoring efforts.