diff --git a/CHANGELOG.md b/CHANGELOG.md
index 410bee20..36832a4c 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,23 @@
 
 All notable changes to this project are documented in this file.
 
+## 0.2.1 (2020-11-04)
+
+This prerelease comes with improvements to garbage collection.
+The Kubernetes packages have been updated to v1.19.
+
+Improvements:
+* Update k8s to 1.19 + kustomize 0.6.4
+    [#161](https://github.com/fluxcd/kustomize-controller/pull/161)
+* Add openssh client to support git+ssh Kustomize resources
+    [#159](https://github.com/fluxcd/kustomize-controller/pull/159)
+
+Fixes:
+* Use latest generation when updating final status
+    [#164](https://github.com/fluxcd/kustomize-controller/pull/164)
+* Omit checksum label if GC is disabled
+    [#162](https://github.com/fluxcd/kustomize-controller/pull/162)
+
 ## 0.2.0 (2020-10-29)
 
 This is the second MINOR prerelease, it comes with breaking changes:
diff --git a/config/manager/kustomization.yaml b/config/manager/kustomization.yaml
index b3d25242..f08b003e 100644
--- a/config/manager/kustomization.yaml
+++ b/config/manager/kustomization.yaml
@@ -5,4 +5,4 @@ resources:
 images:
   - name: fluxcd/kustomize-controller
     newName: fluxcd/kustomize-controller
-    newTag: v0.2.0
+    newTag: v0.2.1
diff --git a/go.mod b/go.mod
index 8a1e077f..24b54136 100644
--- a/go.mod
+++ b/go.mod
@@ -5,7 +5,7 @@ go 1.15
 replace github.com/fluxcd/kustomize-controller/api => ./api
 
 require (
-	github.com/fluxcd/kustomize-controller/api v0.2.0
+	github.com/fluxcd/kustomize-controller/api v0.2.1
 	github.com/fluxcd/pkg/apis/meta v0.2.0
 	github.com/fluxcd/pkg/runtime v0.2.0
 	github.com/fluxcd/pkg/testserver v0.0.2