Payment for ecosystem services (PES) has emerged as a promising tool to participatory natural resource management and sharing of benefits among the stakeholders. However, very few successful models of PES are available for replication. This study deals with an analysis of a PES model currently operational in the Dhauladhar Range, Western Himalaya, where upstream villagers are paid for maintaining the spring-shed that supplies drinking water to the downstream township. To understand the flow of various ecosystem services (ES), institutional mechanism, and governance, we conducted an in-depth analysis of this project. The study identified lack of monitoring and weak governance as factors affecting smooth operation of PES. To revamp the PES model more effectively at the present and new sites in future stakeholder integration, valuation of ES and inputs in terms of capacity building of primary and secondary stakeholders would be critical.

生态系统服务付费 (PES) 已成为参与性自然资源管理和利益相关者分享利益的有前景的工具。然而，很少有成功的 PES 模型可用于复制。本研究分析了目前在喜马拉雅西部 Dhauladhar 山脉运行的 PES 模型，上游村民因维护向下游城镇供应饮用水的泉水棚而获得报酬。为了了解各种生态系统服务（ES）的流动、制度机制和治理，我们对这个项目进行了深入的分析。该研究确定缺乏监督和治理薄弱是影响 PES 顺利运行的因素。为了在当前和未来利益相关者整合中更有效地改进 PES 模型，