Hypothesis: Stabilization of water-in-water (W/W) emulsions resulting from the separation of polymeric phases such as dextran (DEX) and poly(ethyleneoxide) (PEO) is highly challenging, because of the very low interfacial tensions between the two phases and because of the interface thickness extending over several nanometers. In the present work, we present a new type of stabilizers, based on bis-hydrophilic, thermoresponsive microgels, incorporating in the same structure poly(N-isopropylacrylamide) (pNIPAM) chains having an affinity for the PEO phase and dextran moieties. We hypothesize that these particles allow better control of the stability of the W/W emulsions. Experiments: The microgels were synthesized by copolymerizing the NIPAM monomer with a multifunctional methacrylated dextran. They were characterized by dynamic light scattering, zeta potential measurements and nuclear magnetic resonance as a function of temperature. Microgels with different compositions were tested as stabilizers of droplets of the PEO phase dispersed in the DEX phase (P/D) or vice-versa (D/P), at different concentrations and temperatures. Findings: Only microgels with the highest DEX content revealed excellent stabilizing properties for the emulsions by adsorbing at the droplet surface, thus demonstrating the fundamental role of bis-hydrophilicity. At room temperature, both pNIPAM and DEX chains were swollen by water and stabilized better D/P emulsions. However, above the volume phase transition temperature (VPTT ≈ 32 °C) of pNIPAM the microgels shrunk and stabilized better P/D emulsions. At all temperatures, excess microgels partitioned more to the PEO phase. The change in structure and interparticle interaction induced by heating can be exploited to control the W/W emulsion stability.