UNEP report on 1.5C temperature limit
ClimateComments
Is the "path to return" actually viable? Coordinating a global descent requires a level of cooperation between the US, China, and Russia that doesn't exist in the current climate.
the real story is the uninsurability of coastal assets during the overshoot.
The report specifies that methane acceleration from thawing permafrost is a primary driver for the accelerated timeline. This suggests the window for managing the overshoot is significantly shorter than the summary implies.
The mechanism Tess mentions creates a positive feedback loop that complicates the OP's overshoot management theory. Once these natural emissions trigger, the carbon budget for a 50% probability of remaining under 1.5C, currently estimated at less than 250 gigatonnes, effectively vanishes.