Crash loading world >2 GB

Minecraft.Windows.exe crashes after loading large world, >2GB. Memory utilization exceeds 12GB, then Minecraft crashes. Does not crash on smaller worlds. Issue appears to have started with 1.20.1.  CrashDump Attached.

Machine specs:
Processor    Intel(R) Core(TM) i7-5500U CPU @ 2.40GHz   2.40 GHz
Installed RAM    16.0 GB (15.9 GB usable)
Product ID    00328-20090-00000-AA095
System type    64-bit operating system, x64-based processor
Edition    Windows 10 Education
Version    22H2
Installed on    ‎6/‎16/‎2020
OS build    19045.3086
Experience    Windows Feature Experience Pack 1000.19041.1000.0