AbstractThe electrochemical oxygen reduction reaction (2e− ORR) offers a promising approach for H2O2 production, yet developing highly active, selective, and stable electrocatalysts remains a challenge. In this work, a phase reconstruction strategy is presented to synthesize an oxalate‐adsorbed nickel hydroxide electrocatalyst (Ni(OH)2‐C2O4) through the self‐dissociation of nickel oxalate in an alkaline medium, leading to a notable enhancement in H2O2 yield at elevated current densities. Remarkably, Ni(OH)2‐C2O4 exhibits a 2e− selectivity exceeding 93% across a broad voltage range (0.0 to 0.5 V vs RHE) in 0.1 M KOH, outperforming pristine Ni(OH)2. When deployed as a gas diffusion electrode in a flow cell, the Ni(OH)2‐C2O4 catalyst demonstrates stable operation for 50 h at 200 mA cm−2, with a Faradaic efficiency surpassing 90% and a peak H2O2 yield of 6.2 mol g−1cat h−1. Comprehensive advanced characterizations, including in situ Raman spectroscopy, transient photovoltage spectra, and transient potential scanning spectra, coupled with post‐ORR analyses, reveal that surface‐adsorbed oxalate groups on Ni(OH)2 enhance the interfacial reaction kinetics between active Ni sites and reactants by inducing a charge trapping effect and forming a hydrogen‐bonded network, facilitating robust and high‐yield H2O2 production.