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2/02/2025

Topic Reading-Vol.4667-2/2/2025

Dear MEL Topic Readers, 
Nepal increases Mount Everest climbing fee to $15,000
Nepal is mainly situated in the Himalayas with eight of the world's 10 tallest mountains, including Mt. Everest. Income from permit fees for those popular peaks is a key source of revenue for Nepal, with mountain climbing and trekking contributing more than 4% to the country's economy. The most popular yet challenging peak Mount Everest has been climbed thousands of times, and it has become more crowded every year. During the spring climbing season of 2023, 667 climbers scaled the peak, bringing in thousands of support staff to the base camp between March and May. Recently, Nepal’s tourist department announced that from September this year, those seeking to summit the world's tallest mountain during the peak season are required to pay $15,000, a 36% rise on the longstanding fee of $11,000. Fees for those wanting to climb outside the peak April to May period will also increase by the same percentage to $7,500 from September to November and $3,750 from December to February. However, the price hike isn’t expected to discourage eager climbers from the world because they have to pay over $30,000 for traveling, hiring/buying expensive climbing gear, oxygen bottles, and qualified Sherpas as buddies on top of the permit. The question is how well the increased revenue is spent on safety, environment, and infrastructure. 
Read the article and learn about the highest climbing fee for the highest peak in the world.
https://edition.cnn.com/travel/nepal-increases-mount-everest-climbing-fee-2025-intl-hnk/index.html

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