The significance of the impeachment process in governance lies in its role as a mechanism to hold elected officials accountable for misconduct. This process serves as a check on the executive branch, ensuring that officials who abuse their power or violate the law can be removed from office. Impeachment reflects the principles of a rule of law, safeguarding democracy by preventing corruption and maintaining public trust. Additionally, it allows for a formal assessment of an official's actions, thus promoting transparency and ethical governance in the political system.