We investigate the response of decadal variability in the North Pacific and North Atlantic under global warming and its mechanism in this study. To do so, we use four models (bcc-csm1-1, CCSM4, IPSL-CM5A-LR, and MPI-ESM-LR) participated in the Coupled Model Intercomparison Project Phase 5 (CMIP5), focusing on three global warming scenarios (RCP2.6, RCP4.5 and RCP8.5). Our analysis shows that the intensified global warming leads to a decrease in amplitude of both the Pacific Decadal Oscillation (PDO) and Atlantic multidecadal variability (AMV), resulting in reduced decadal variability of sea surface temperature (SST) in both North Pacific and North Atlantic. In comparison, interannual variability is less impacted by global warming and has a tendency of increase, which leads to a shift of spectral power from decadal toward interannual variability. We then show the weakening decadal variability is caused partly by the weakened forcing of atmospheric heat flux variability, and partly by the increased SST damping rate. In addition, an enhanced upper-ocean stratification under global warming also contributes to the acceleration of Rossby waves, and a shift of decadal variability spectral power toward a shorter period.