diff --git a/CHANGELOG.md b/CHANGELOG.md
index 2f881fd..6553dd3 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,14 @@
+## v3.1.0
+
+### New Features
+
+- #162 - Improve configuration error messages
+- #163 - Ruby 3.2 compatibility
+
+### Fixes
+
+- #161 - builder registered during build hooks should increase build step count
+
 ## v3.0.2
 
 ### Fixes
diff --git a/lib/rscons/version.rb b/lib/rscons/version.rb
index 6dc70a5..3c4e0b4 100644
--- a/lib/rscons/version.rb
+++ b/lib/rscons/version.rb
@@ -1,4 +1,4 @@
 module Rscons
   # Project version.
-  VERSION = "3.0.2"
+  VERSION = "3.1.0"
 end