diff --git a/CHANGELOG.md b/CHANGELOG.md
index 6fe32d6b5..25f889b54 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,4 +1,30 @@
 # Changelog
+## [1.3.0](https://github.com/bakdata/kpops/releases/tag/1.3.0) - Release Date: [2023-07-07]
+
+### 🏭 Refactor
+
+- Plural broker field in pipeline config - [#278](https://github.com/bakdata/kpops/pull/278)
+
+
+### 📝 Documentation
+
+- Update KPOps runner readme for dev versions - [#279](https://github.com/bakdata/kpops/pull/279)
+
+
+### 🏗️ Breaking changes
+
+- Plural broker field in pipeline config - [#278](https://github.com/bakdata/kpops/pull/278)
+
+
+### 🌀 Miscellaneous
+
+- Add breaking changes section to change log config - [#280](https://github.com/bakdata/kpops/pull/280)
+
+
+
+
+
+
 ## [1.2.4](https://github.com/bakdata/kpops/releases/tag/1.2.4) - Release Date: [2023-06-27]
 
 ### 🌀 Miscellaneous
diff --git a/kpops/__init__.py b/kpops/__init__.py
index b3f9ac7f1..67bc602ab 100644
--- a/kpops/__init__.py
+++ b/kpops/__init__.py
@@ -1 +1 @@
-__version__ = "1.2.4"
+__version__ = "1.3.0"
diff --git a/pyproject.toml b/pyproject.toml
index 46d58239c..352a900ec 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -1,6 +1,6 @@
 [tool.poetry]
 name = "kpops"
-version = "1.2.4"
+version = "1.3.0"
 description = "KPOps is a tool to deploy Kafka pipelines to Kubernetes"
 authors = ["bakdata <opensource@bakdata.com>"]
 license = "MIT"