diff --git a/CHANGELOG.md b/CHANGELOG.md
index fa6a8c3e4..7d9fb45f0 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,25 @@
 
 All notable changes to this project are documented in this file.
 
+## 0.20.0
+
+**Release date:** 2022-01-11
+
+This prerelease comes with an update to the Kubernetes and controller-runtime dependencies
+to align them with the Kubernetes 1.23 release.
+
+In addition, the controller is now built with Go 1.17 and Alpine 3.15.
+
+Improvements:
+* Update Go to v1.17 and controller-runtime to v0.11
+  [#279](https://github.com/fluxcd/notification-controller/pull/279)
+* Update dependencies (fix CVE-2021-43565)
+  [#301](https://github.com/fluxcd/notification-controller/pull/301)
+* Update Dockerfile xx base and bump alpine to 3.15
+  [#297](https://github.com/fluxcd/notification-controller/pull/297)
+* Update docs for telegram
+  [#300](https://github.com/fluxcd/notification-controller/pull/300)
+
 ## 0.19.0
 
 **Release date:** 2021-11-23
diff --git a/config/manager/kustomization.yaml b/config/manager/kustomization.yaml
index c7f6643ed..56d8b90a5 100644
--- a/config/manager/kustomization.yaml
+++ b/config/manager/kustomization.yaml
@@ -6,4 +6,4 @@ resources:
 images:
   - name: fluxcd/notification-controller
     newName: fluxcd/notification-controller
-    newTag: v0.19.0
+    newTag: v0.20.0
diff --git a/go.mod b/go.mod
index 7640ccd3f..63f12e5b4 100644
--- a/go.mod
+++ b/go.mod
@@ -8,7 +8,7 @@ require (
 	github.com/Azure/azure-amqp-common-go/v3 v3.1.0
 	github.com/Azure/azure-event-hubs-go/v3 v3.3.7
 	github.com/containrrr/shoutrrr v0.4.4
-	github.com/fluxcd/notification-controller/api v0.19.0
+	github.com/fluxcd/notification-controller/api v0.20.0
 	github.com/fluxcd/pkg/apis/meta v0.11.0-rc.3
 	github.com/fluxcd/pkg/runtime v0.13.0-rc.6
 	github.com/fluxcd/pkg/ssa v0.9.0