Microsoft Entra Tenant Governance is now generally available for organizations that operate more than one Microsoft Entra tenant. It combines tenant discovery, cross-tenant delegated administration, configuration monitoring, and controlled creation of add-on tenants. For administrators, it is primarily a way to inventory tenants that central IT may not manage, grant narrowly scoped administration from one tenant to another, and compare settings with an approved configuration baseline. It is not a replacement for reviewing privileged roles, change processes, or the configuration of the services it monitors.
Source