diff --git a/CMakeLists.txt b/CMakeLists.txt
index 19734f326af0..c3da5456aefc 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -4,7 +4,7 @@ cmake_policy (SET CMP0054 NEW)
 
 project (
   MAPL
-  VERSION 2.3.6
+  VERSION 2.4.0
   LANGUAGES Fortran CXX C)  # Note - CXX is required for ESMF
 
 if (EXISTS ${CMAKE_CURRENT_LIST_DIR}/ESMA_cmake)