diff --git a/.git_archival.txt b/.git_archival.txt
new file mode 100644
index 00000000..9d376cd1
--- /dev/null
+++ b/.git_archival.txt
@@ -0,0 +1,4 @@
+node: $Format:%H$
+node-date: $Format:%cI$
+describe-name: $Format:%(describe:tags=true,match=?[0-9.]*)$
+ref-names: $Format:%D$
diff --git a/.gitattributes b/.gitattributes
new file mode 100644
index 00000000..00a7b00c
--- /dev/null
+++ b/.gitattributes
@@ -0,0 +1 @@
+.git_archival.txt  export-subst
diff --git a/CMakeLists.txt b/CMakeLists.txt
index a5780af6..f4540411 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -1,8 +1,12 @@
 cmake_minimum_required(VERSION 3.14 FATAL_ERROR)
 
+# Get dynamic version and save it to PROJECT_VERSION
+include(cmake/DynamicVersion.cmake)
+get_dynamic_version()
+
 project(
   CPM.cmake
-  VERSION 0.37.0
+  VERSION ${PROJECT_VERSION}
   LANGUAGES NONE
 )
 
diff --git a/cmake/DynamicVersion.cmake b/cmake/DynamicVersion.cmake
new file mode 100644
index 00000000..d1b1a7c0
--- /dev/null
+++ b/cmake/DynamicVersion.cmake
@@ -0,0 +1,105 @@
+## Helper to get dynamic version
+# Format is made compatible with python's setuptools_scm (https://github.com/pypa/setuptools_scm#git-archives)
+
+function(get_dynamic_version)
+	# Named arguments::
+	#   OUTPUT_NAME (string) [PROJECT_VERSION]: Variable where to save the calculated version
+	#   OUTPUT_DESCRIBE (string) [GIT_DESCRIBE]: Variable where to save the pure git_describe
+	#   PROJECT_SOURCE (path) [${CMAKE_CURRENT_SOURCE_DIR}]: Location of the project source.
+	#     (either extracted git archive or git clone)
+	#   GIT_ARCHIVAL_FILE (path) [${PROJECT_SOURCE}/.git_archival.txt]: Location of .git_archival.txt
+	#   FALLBACK_VERSION (string): Fallback version
+	#
+	# Options::
+	#   ALLOW_FAILS: Do not return with FATAL_ERROR. Developer is responsible for setting appropriate version if fails
+	#
+	# Note: this approach does not reconfigure the build.
+	# For CPM.cmake it is irrelevant because it does not have any builds
+
+	cmake_parse_arguments(ARGS
+			"ALLOW_FAILS"
+			"OUTPUT_NAME;OUTPUT_DESCRIBE;PROJECT_SOURCE;GIT_ARCHIVAL_FILE;FALLBACK_VERSION"
+			""
+			${ARGN})
+
+	# Set default values
+	if (NOT DEFINED ARGS_OUTPUT_NAME)
+		set(ARGS_OUTPUT_NAME "PROJECT_VERSION")
+	endif ()
+	if (NOT DEFINED ARGS_OUTPUT_DESCRIBE)
+		set(ARGS_OUTPUT_DESCRIBE "GIT_DESCRIBE")
+	endif ()
+	if (NOT DEFINED ARGS_PROJECT_SOURCE)
+		set(ARGS_PROJECT_SOURCE ${CMAKE_CURRENT_SOURCE_DIR})
+	endif ()
+	if (NOT DEFINED ARGS_GIT_ARCHIVAL_FILE)
+		set(ARGS_GIT_ARCHIVAL_FILE ${ARGS_PROJECT_SOURCE}/.git_archival.txt)
+	endif ()
+	if (DEFINED ARGS_FALLBACK_VERSION OR ARGS_ALLOW_FAILS)
+		# If we have a fallback version or it is specified it is ok if this fails, don't make messages FATAL_ERROR
+		set(error_message_type AUTHOR_WARNING)
+	else ()
+		# Otherwise it should
+		set(error_message_type FATAL_ERROR)
+	endif ()
+
+
+	if (DEFINED ARGS_FALLBACK_VERSION)
+		set(${ARGS_OUTPUT_NAME} ${ARGS_FALLBACK_VERSION})
+	endif ()
+
+	# Get version dynamically from git_archival.txt
+	file(STRINGS ${ARGS_GIT_ARCHIVAL_FILE} describe-name
+			REGEX "^describe-name:.*")
+	if (NOT describe-name)
+		# If git_archival.txt does not contain the field "describe-name:", it is ill-formed
+		message(${error_message_type}
+				"DynamicVersion: Missing file or string \"describe-name\" in .git_archival.txt\n"
+				"  .git_archival.txt: ${ARGS_GIT_ARCHIVAL_FILE}")
+		return()
+	endif ()
+
+	# Try to get the version tag of the form `vX.Y.Z` or `X.Y.Z` (with arbitrary suffix)
+	if (describe-name MATCHES "^describe-name:[ ]?([v]?([0-9\\.]+).*)")
+		# First matched group is the full `git describe` of the latest tag
+		# Second matched group is only the version, i.e. `X.Y.Z`
+		set(${ARGS_OUTPUT_DESCRIBE} ${CMAKE_MATCH_1} PARENT_SCOPE)
+		set(${ARGS_OUTPUT_NAME} ${CMAKE_MATCH_2} PARENT_SCOPE)
+		message(DEBUG
+				"DynamicVersion: Found appropriate tag in .git_archival.txt file:\n"
+				"  Describe-name: ${${ARGS_OUTPUT_DESCRIBE}}\n"
+				"  Version: ${${ARGS_OUTPUT_NAME}}")
+	else ()
+		# If not it has to be computed from the git archive
+		find_package(Git REQUIRED)
+		# Test if
+		execute_process(COMMAND ${GIT_EXECUTABLE} status
+				WORKING_DIRECTORY ${ARGS_PROJECT_SOURCE}
+				RESULT_VARIABLE git_status_result)
+		if (NOT git_status_result EQUAL 0)
+			message(${error_message_type}
+					"DynamicVersion: Project source is neither a git repository nor a git archive:\n"
+					"  Source: ${ARGS_PROJECT_SOURCE}")
+			return()
+		endif ()
+		execute_process(COMMAND ${GIT_EXECUTABLE} describe --tags --match=?[0-9.]*
+				WORKING_DIRECTORY ${ARGS_PROJECT_SOURCE}
+				OUTPUT_VARIABLE describe-name
+				COMMAND_ERROR_IS_FATAL ANY)
+		# Match any part containing digits and periods (strips out rc and so on)
+		if (NOT describe-name MATCHES "^([v]?([0-9\\.]+).*)")
+			message(${error_message_type}
+					"DynamicVersion: Version tag is ill-formatted\n"
+					"  Describe-name: ${describe-name}")
+			return()
+		endif ()
+		set(${ARGS_OUTPUT_DESCRIBE} ${CMAKE_MATCH_1} PARENT_SCOPE)
+		set(${ARGS_OUTPUT_NAME} ${CMAKE_MATCH_2} PARENT_SCOPE)
+		message(DEBUG
+				"DynamicVersion: Found appropriate tag from git:\n"
+				"  Describe-name: ${${ARGS_OUTPUT_DESCRIBE}}\n"
+				"  Version: ${${ARGS_OUTPUT_NAME}}")
+	endif ()
+	message(VERBOSE
+			"DynamicVersion: Calculated version = ${${ARGS_OUTPUT_NAME}}")
+endfunction()