diff --git a/CHANGELOG.md b/CHANGELOG.md
index 73441d35f995..5501327884de 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -11,16 +11,20 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ### Changed
 
-- Add column for ACG (ALIAS) that set the pointer variable to a different name than the `short_name`
-- Updated CI to use Baselibs 7.31.0
-  - Updates to GFE v1.18.0
-
 ### Fixed
 
 ### Removed
 
 ### Deprecated
 
+## [2.54.0] - 2025-02-07
+
+### Changed
+
+- Add column for ACG (ALIAS) that set the pointer variable to a different name than the `short_name`
+- Updated CI to use Baselibs 7.31.0
+  - Updates to GFE v1.18.0
+
 ## [2.53.1] - 2025-01-29
 
 ### Fixed
diff --git a/CMakeLists.txt b/CMakeLists.txt
index 727f3603eb11..eed1318cefdd 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -8,7 +8,7 @@ endif ()
 
 project (
   MAPL
-  VERSION 2.53.1
+  VERSION 2.54.0
   LANGUAGES Fortran CXX C)  # Note - CXX is required for ESMF
 
 # Set the possible values of build type for cmake-gui