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Opinion

Averting climate catastrophe is a huge investment opportunity

Private sector financing and innovation vital to lowering carbon emissions

| East Asia
A flooded street in Jammu, India, pictured on July 26: one of the indications that the impacts of climate change are becoming more frequent and intense.   © AP

Stephanie von Friedeburg is senior vice president, operations, at International Finance Corp. Alfonso Garcia Mora is IFC vice president for Asia and Pacific.

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