For this question, I wouldn't be able to speak on the policy component.
In terms of regenerative agriculture, there are so many different definitions of this terminology. Basically, it's looking at food production within a natural system as much as possible. That includes both pesticide reduction and, depending more on the soil, building the soil diversity ecosystem to be able to produce food.
Within our current sustainable production systems, this is being encouraged. Diversifying crops and systems could be described as part of enhancing regenerative agriculture. We have different crops providing different carbon sources, different types of carbon, into the soil, encouraging different micro-organism abundance and activity. Each micro-organism has a different role to play, so our current production system in some way already includes regenerative agriculture. It's not, based on my understanding, an organic system entirely. It encompasses both a normal conventional system with some organic principles to be able to maintain the soil and produce food in a sustainable and clean way.
I can't speak to the other aspect of your question.