Over the vast area of present‐day Europe, the Tithonian–Berriasian transition was a time of climate aridization, which was supposedly related to the more general trend of the latest Jurassic–earliest Cretaceous cooling and restrictions in atmospheric circulation. Recent studies suggest that such conditions affected also some other paleoenvironmental processes such as monsoonal upwellings, seafloor ventilation and circulation of nutrients within the water column. In order to test this model, the uppermost Jurassic–lowermost Cretaceous sedimentary succession of the Slovenian Basin was correlated with a reference data from the Bakony Basin (Transdanubian Range, Hungary). Stratigraphic calibration was ensured by integrated stratigraphy, utilizing bio‐ (calpionellids, calcareous dinocysts) and chemostratigraphic tools (δ13C stratigraphy) as well as regional correlations of magnetic susceptibility and terrigenous input. Paleoclimate, paleoredox and paleoproductivity conditions were evaluated based on various geochemical proxies. Both the Slovenian and the Bakony basin sections were found to document late Tithonian–early Berriasian climate aridization as well as related signals of seafloor hypoxia and elevated accumulations of micronutrients. Significant geochemical contrast between the basal (lower Tithonian) radiolarites and overlying upper Tithonian–Berriasian carbonates evidences the inverse relation between the surface productivity and the amount of nutrient‐type trace metals buried in sediments. The rhythm of paleoclimatically controlled environmental changes, with relatively humid early Tithonian, arid late Tithonian–early Berriasian, and again humid late Berriasian, correlates with those estimated for Vocontian Basin (SE France) and the Sub‐Boreal domain of Western and Central Europe. This indicates that climatic stratigraphy is a useful tool for global correlation of the Jurassic/Cretaceous boundary interval.