The Effects of Environmental Liabilities and Green Accounting

Group project progress report is due on October 27, 2022. The report should contain:
o   a cover page stating the group number, team members’ names, their student ids, e-mail-ids, course name, term, and other relevant information. 
o   Table of Contents (TOC), introduction of the chosen topic, reasons for choosing the topic. Choose a research topic related to the syllabus coverage - be precise.
o   A literature review i.e. write a short synopsis of TWO research article showing how these articles contribute towards your chosen topic.  You may also refer to other research articles, in addition to your chosen two articles, and explain how they contribute to your chosen topic.
o   Submission of your TWO refereed articles as an appendix to your report (The articles should be published in reputable refereed journals published last year i.e. 2021. Articles of magazines, Internet, or from other sources will not be accepted).
In addition to the syllabus and book, you may get ideas for your project by checking projects the IASB is currently working on, including exposure drafts, comment letters:
https://www(dot)ifrs(dot)org/projects/work-plan/
https://www(dot)ifrs(dot)org/projects/work-plan/sustainability-reporting/
https://www(dot)ifrs(dot)org/projects/work-plan/goodwill-and-impairment/
Introduction
Environmental pollution is one of the main problems threatening the world at present. Therefore, all segments of society should strive to reduce this pollution and find solutions according to their capacity. There is a term called green accounting, which is the process of disclosure and accounting measurement of activities that negatively affect the environment, such as decommissioning nuclear facilities and reclamation of oil and gas properties.
Environmental liability is another important term which is the financial responsibility of the organization that causes ecological damage. Through this definition, it can be said that environmental responsibility constitutes a deterrent against organizations that do not comply with environmental requirements.
From this opening, we can conclude that the application of green accounting models will affect the financial information and, therefore, that the financial statements of companies will be more reliable, which will help in several matters, most notably decision-making. This report will discuss the effects of environmental liability and green accounting.
II. Reasons for Choosing Topic
I need you to do the second part ( reasons for choosing topic) only.