Having been involved in the agriculture sector for my whole life before entering this place, I know just how important pasture and grassland are to carbon sequestration. When we are rolling out environmental land management schemes, it is important that the benefits of pasture land through carbon sequestration are taken into account. That is why the reforms that we have introduced, through coming out of the common agricultural policy, are so important to supporting a highly productive sector that is environmentally sustainable.
In addition to the sustainable farming incentive, the farming investment fund and the farm productivity innovation funding will further improve farm productivity. Our schemes will ensure our long-term food security by investing in the foundations of food production, such as healthy soil, water and biodiverse ecosystems. Backing our farmers is so important, which is why the Prime Minister and the Environment Secretary announced a range of measures at the National Farmers Union conference to boost productivity and resilience in the sector, including the largest ever grant offer for farmers in the coming financial year, which is expected to total £227 million.