Increase in Mount Everest Climbing Permit Fees in Nepal

SOURCE www.nbcnews.com
Nepal will increase the permit fees for climbing Mount Everest by more than 35%, generating additional revenue for the cash-strapped nation. The fee hike applies to the popular climbing seasons and is expected to fund environmental protection and safety measures on the mountain.

Key Points

  • Permit fees for climbing Mount Everest will increase by more than 35%
  • Income from permit fees is a key source of revenue for Nepal
  • Fees for different climbing seasons will also see a 36% increase
  • Expected to fund environmental protection and safety measures on Everest

Pros

  • Additional revenue for Nepal
  • Possibility of funding environmental protection and safety measures on Mount Everest

Cons

  • Increased cost for mountaineers