AbstractOver the past decades, human‐induced climate change has led to a widespread wetting and warming of the Tibetan Plateau (TP), affecting both ecosystems and the carbon cycling therein. Whether the previously observed climate changes stimulate carbon uptake via enhanced photosynthesis or carbon loss via enhanced soil respiration remains unclear. Here we present 14 years of observations of carbon fluxes, meteorological variables and remotely sensed plant cover estimations from a central Tibetan alpine steppe ecosystem at Nam Co, the third largest lake on the TP. Using modified Mann‐Kendall trend tests, we found a significant increasing daily net carbon uptake of 0.5 g C m−2 decade−1, which can be explained by a widespread greening at the southern shore of lake Nam Co. The Plateau‐wide changes in temperature and precipitation are locally expressed as an increasing diurnal temperature range during winter, higher water availability during spring, higher cloud cover during early summer and less water availability during late summer. While these changes differ over the course of the year, they tend to stimulate plant growth more than microbial respiration, leading to an increased carbon uptake during all seasons. This study indicates that during the 14 years study period, a higher amplitude in winter temperatures and an earlier summer monsoon promote carbon uptake in a central Tibetan alpine steppe ecosystem.