What does "if not" mean in the given sentence

Lots of examples are shown in the above Q&A. But most usages of "if not" seem to involve adjectives. My question is, can we use "if not" to mean something like

We will at least circumvent the problem, even when we cannot fix it.

Here two verbs are put into contrast.

What does "if not" mean in the given sentence

Lots of examples are shown in the above Q&A. But most usages of "if not" seem to involve adjectives. My question is, can we use "if not" to mean something like

We will at least circumvent the problem, even when we cannot fix it.

Here two verbs are put into contrast.