diff --git a/VERSION.cmake b/VERSION.cmake
index f2aa03f83..c7efa990b 100644
--- a/VERSION.cmake
+++ b/VERSION.cmake
@@ -1 +1 @@
-set( ${PROJECT_NAME}_VERSION_STR  "2.4.0" )
+set( ${PROJECT_NAME}_VERSION_STR  "2.5.0" )
diff --git a/version.sh b/version.sh
index 207db4d9b..554b356d7 100644
--- a/version.sh
+++ b/version.sh
@@ -14,7 +14,7 @@ PACKAGE_NAME='eccodes'
 
 # Package version
 ECCODES_MAJOR_VERSION=2
-ECCODES_MINOR_VERSION=4
+ECCODES_MINOR_VERSION=5
 ECCODES_REVISION_VERSION=0
 
 ECCODES_CURRENT=1