diff --git a/CMakeLists.txt b/CMakeLists.txt
index 6b0dd2f12..01ec1e525 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -5,7 +5,7 @@ if(COMMAND CMAKE_POLICY)
   CMAKE_POLICY(SET CMP0004 NEW)
 endif(COMMAND CMAKE_POLICY)
 
-project (sdformat14 VERSION 14.5.0)
+project (sdformat14 VERSION 14.6.0)
 
 # The protocol version has nothing to do with the package version.
 # It represents the current version of SDFormat implemented by the software
diff --git a/Changelog.md b/Changelog.md
index 65579f27d..3de67f0e1 100644
--- a/Changelog.md
+++ b/Changelog.md
@@ -1,5 +1,28 @@
 ## libsdformat 14.X
 
+### libsdformat 14.6.0 (2024-11-18)
+
+1. Support removing the actor, light, or model from the root.
+    * [Pull request #1492](https://github.com/gazebosim/sdformat/pull/1492)
+
+1. Backport: Permit building python bindings separately from libsdformat library.
+    * [Pull request #1497](https://github.com/gazebosim/sdformat/pull/1497)
+
+1. Backport: Improve installation instructions.
+    * [Pull request #1496](https://github.com/gazebosim/sdformat/pull/1496)
+
+1. Backport: Fix symbol checking test when compiled with debug symbols.
+    * [Pull request #1476](https://github.com/gazebosim/sdformat/pull/1476)
+
+1. Update joinPaths implementation in InstallationDirectories.
+    * [Pull request #1469](https://github.com/gazebosim/sdformat/pull/1469)
+
+1. Decouple linking to shlwapi from `BUILD_TESTING`.
+    * [Pull request #1468](https://github.com/gazebosim/sdformat/pull/1468)
+
+1. Add optional binary relocatability.
+    * [Pull request #1414](https://github.com/gazebosim/sdformat/pull/1414)
+
 ### libsdformat 14.5.0 (2024-08-05)
 
 1. Adding Errors structure to XmlUtils
diff --git a/package.xml b/package.xml
index d5e40891f..a1b231c42 100644
--- a/package.xml
+++ b/package.xml
@@ -1,7 +1,7 @@
 <?xml version="1.0"?>
 <package format="2">
   <name>sdformat14</name>
-  <version>14.5.0</version>
+  <version>14.6.0</version>
   <description>SDFormat is an XML file format that describes environments, objects, and robots
 in a manner suitable for robotic applications</description>