Agriculture Act 2020
Section 1(1) of the Act provides that financial assistnace may be provided to those involved in agricultural, horticultural, or forestry activities for a number of purposes, including "managing land, water, or livestock in a way that mitigates or adapts to climate change."
The act also includes a number of provisions aimed at enhancing transparency in agri-food suppky chains, including the potential creation of reporting schemes that would take "climatic risk" into account.
Section 35 of the Act also provides for the creation of a production side "red meat levy" scheme.
Further detail on the Government's plans for achieving a transition to Net Zero and a recovery for nature are set out in the policy document "The path to sustainable farming: An agricultural transition plan 2021 to 2023".