Extensive ecosystem restoration is increasingly seen as being central to conserving biodiversity 1 and stabilizing the climate of the Earth 2 . Although ambitious national and global targets have been set, global priority areas that account for spatial variation in benefits and costs have yet to be identified. Here we develop and apply a multicriteria optimization approach that identifies priority areas for restoration across all terrestrial biomes, and estimates their benefits and costs. We find that restoring 15% of converted lands in priority areas could avoid 60% of expected extinctions while sequestering 299 gigatonnes of CO 2 -30% of the total CO 2 increase in the atmosphere since the Industrial Revolution. The inclusion of several biomes is key to achieving multiple benefits. Cost effectiveness can increase up to 13-fold when spatial allocation is optimized using our multicriteria approach, which highlights the importance of spatial planning. Our results confirm the vast potential contributions of restoration to addressing global challenges, while underscoring the necessity of pursuing these goals synergistically.

T he Convention on Biological Diversity (CBD) sets the policy framework for biodiversity conservation and sustainable use through the commitments of 195 countries and the European Union. The Strategic Plan for Biodiversity 2011-2020 included Aichi Biodiversity Target 12, which set the goal for 2020 of preventing the extinction of known threatened species and improving and sustaining their conservation status. Despite government commitments and successful efforts for certain species 1 , the overall extinction risk continues to increase, and widespread implementation shortfalls will prevent Target 12 from being met 2 . A new global framework with revised goals and targets is currently being negotiated, which places the stabilization and restoration of species' populations as an outcome goal for 2030, as a stepping stone towards the CBD's 2050 Vision 3,4 .