diff --git a/pyproject.toml b/pyproject.toml
index 55705142..9441d342 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -196,7 +196,7 @@ warn_return_any = false
 
 
 [tool.bumpver]
-current_version = "0.4.9"
+current_version = "0.5.0"
 version_pattern = "MAJOR.MINOR.PATCH[PYTAGNUM]"
 commit_message = "bump version {old_version} -> {new_version}"
 tag_message = "v{new_version}"
diff --git a/sheeprl/__init__.py b/sheeprl/__init__.py
index a9759ca0..a5a2bd8a 100644
--- a/sheeprl/__init__.py
+++ b/sheeprl/__init__.py
@@ -50,7 +50,7 @@
 np.int = np.int64
 np.bool = bool
 
-__version__ = "0.4.9"
+__version__ = "0.5.0"
 
 
 # Replace `moviepy.decorators.use_clip_fps_by_default` method to work with python 3.8, 3.9, and 3.10