The price to climb Mount Everest will soon increase for the first time in nearly a decade, as Nepal announces a sharp mark-up in permit fees. From September, those seeking to summit the world's tallest mountain during peak season will have to pay $15,000 (£12,180), a 36% rise on the longstanding fee of $11,000, officials said on Wednesday.

Nepal will increase the permit fees for climbing Mount Everest by more than 35%, making the world’s tallest peak more expensive for mountaineers for the first time in nearly a decade.

Nepal is raising the permit fees to climb Mount Everest from $11,000 to $15,000. Income from the fees is a key source of revenue and employment for the cash-strapped country.

The permit fee for climbing the giant peak has been upped by 36% in a move that will cost climbers thousands more.

Nepal has decided to increase the permit fees for climbing Mount Everest, the world's tallest peak. The last revision in the free was undertaken in 2015, when Nepal ditched the a group-based system to adopt a uniform fee.

Mount Everest, the world highest peak, and other peaks of the Himalayan range are seen through an aircraft window during a mountain flight from Kathmandu, Nepal January 15, 2020. REUTERS/Monika Deupala/File Photo KATHMANDU (Reuters) - Nepal will increase the permit fees for climbing Mount Everest by more than 35%,

The cost of a permit to ascend Everest will soon hit as much as $15,000, but a veteran climber says the increase won't keep people away from the peak.