Thermally induced phase separation is a fabrication technique for porous polymeric structures. By means of easy‐to‐tune processing parameters, such as system composition and demixing temperature, a vast latitude of average pore dimensions, pore size distributions, and morphologies can be obtained. The relation between demixing temperature and morphology was demonstrated via cloud point curve measurement and foams fabrication with controlled thermal protocols, for the model system poly‐l‐lactide–dioxane–water. The morphologies obtained at a temperature lower than cloud point showed a closed‐pore architecture, suggesting a “nucleation‐and‐growth” separation mechanism, which produced larger pores at higher holding times. Conversely, the porous structures attained when holding the sample above the cloud point exhibited open pores with dimensions independent of time, denoting a phase separation occurring during sample freezing. Finally, the influence of the cooling rate on final morphology was investigated, showing a clear correlation with microstructure and pore size. © 2014 Wiley Periodicals, Inc. J. Polym. Sci., Part B: Polym. Phys. 2014, 52, 979–983