diff --git a/ChangeLog b/ChangeLog
index 7d8bbe74a..db9f27364 100644
--- a/ChangeLog
+++ b/ChangeLog
@@ -1,3 +1,8 @@
+* 2.4.0:
+- Add utf-8 encoding declaration in generated proto files
+- Add Service Account support
+- Increase default gRPC message and metadata sizes
+
 * 2.3.0:
 - Allow loading client configuration from environment variables
 
diff --git a/google/ads/google_ads/__init__.py b/google/ads/google_ads/__init__.py
index da1dcc5d8..92db5c1a3 100644
--- a/google/ads/google_ads/__init__.py
+++ b/google/ads/google_ads/__init__.py
@@ -21,4 +21,4 @@
 import google.ads.google_ads.util
 
 
-VERSION = '2.3.0'
+VERSION = '2.4.0'
diff --git a/setup.py b/setup.py
index a982c1fb5..9a5377e61 100644
--- a/setup.py
+++ b/setup.py
@@ -35,7 +35,7 @@
 
 setup(
     name='google-ads',
-    version='2.3.0',
+    version='2.4.0',
     author='Google LLC',
     author_email='googleapis-packages@google.com',
     classifiers=[