The Child Theme Wizard lets you create a new child theme without the need for additional tools, right from within the WordPress admin interface. Once activated you can find it under Tools - Child Theme Wizard.
Specify a parent theme, customise options such as title and description and click Create Child Theme. Upon success you will find your new theme under Appearance - Themes.
You have the option to include GPL License Terms if you wish. The Wizard will automatically create a thumbnail too.
To find out more about child themes and why they are useful, please read the
WordPress Developer Docs on Child Themes.