diff --git a/CHANGELOG.md b/CHANGELOG.md
index dabe31a..2713276 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,17 @@
+3.2
+- kas: add conditional, default-free environment variables
+- kas: add plugin to dump flattened config and resolve repo refs
+- kas: auto-create repo refs when KAS_REPO_REF_DIR is set
+- kas: print build bitbake command when running shell
+- kas: forward BB_NUMBER_THREADS and PARALLEL_MAKE env vars into build
+- kas-container: Fix engine detection when docker is an alias for podman
+- kas-container: forward DISTRO_APT_PREMIRRORS environment variable
+- kas-container: reduce log chattiness of container runtime
+- kas-container: write debug messages to stderr
+- kas-container: Refresh Yocto build dependency list
+- kas-container: Rework generation of kas images, shrinking kas-isar
+- kas-container: avoid deploying the python pip cache
+
 3.1
 - kas: Add support for authentication with gitlab CI
 - kas: Add NETRC_FILE to allow passing credentials into kas home
diff --git a/kas-container b/kas-container
index 24af9c7..9a8ca54 100755
--- a/kas-container
+++ b/kas-container
@@ -132,7 +132,7 @@ run_clean() {
 	fi
 }
 
-KAS_IMAGE_VERSION_DEFAULT="3.1"
+KAS_IMAGE_VERSION_DEFAULT="3.2"
 KAS_CONTAINER_IMAGE_PATH_DEFAULT="ghcr.io/siemens/kas"
 KAS_CONTAINER_IMAGE_NAME_DEFAULT="kas"
 
diff --git a/kas/__version__.py b/kas/__version__.py
index e7bf1f3..7afa666 100644
--- a/kas/__version__.py
+++ b/kas/__version__.py
@@ -25,7 +25,7 @@
 __license__ = 'MIT'
 __copyright__ = 'Copyright (c) Siemens AG, 2017-2020'
 
-__version__ = '3.1'
+__version__ = '3.2'
 
 # Please update docs/format-changelog.rst when changing the file version.
 __file_version__ = 13