Disaster risk governance is a function of institutions at multiple levels of government to predict and effectively respond to threats posed by global changes such as urbanization, climate and demographic change. An important determinant of government’s effectiveness in responding to environmental threats could be levels of administrative and political decentralization. In Chap. 3, we discussed two case studies and examined how results-based financing (RBF) models could support a strategy for the delivery of water and sanitation services. In this chapter, we outline tentative research propositions to discuss the role of decentralization in predicting and responding to disaster risk. We also outline the applications of a Nexus Observatory by discussing the role of the following tools: nexus index, data visualization, scenario analysis, and benchmarking. We argue that the above tools could support the use of RBF approaches that strengthen accountability in revenue and expenditure decisions of local authorities.