It seems very unlikely that we'll make it to a 1.5°C target - but it now seems likely that we can get much closer to that than we were fearing around the time of the Paris Agreement being drafted. The planet seems very much set to survive, and in the longer run (on the scale of centuries) we can enable temperatures to come back down again - if we keep caring, and if we find that it would be optimal. (There is tons of room to restore tree cover.)