diff --git a/.changes/1.31.0.json b/.changes/1.31.0.json
new file mode 100644
index 000000000000..6e21a9b85029
--- /dev/null
+++ b/.changes/1.31.0.json
@@ -0,0 +1,62 @@
+[
+  {
+    "category": "``appsync``",
+    "description": "This update enables introspection of Aurora cluster databases using the RDS Data API",
+    "type": "api-change"
+  },
+  {
+    "category": "``b2bi``",
+    "description": "This is the initial SDK release for AWS B2B Data Interchange.",
+    "type": "api-change"
+  },
+  {
+    "category": "``backup``",
+    "description": "AWS Backup now supports restore testing, a new feature that allows customers to automate restore testing and validating their backups. Additionally, this release adds support for EBS Snapshots Archive tier.",
+    "type": "api-change"
+  },
+  {
+    "category": "``controltower``",
+    "description": "This release adds the following support: 1. The EnableControl API can configure controls that are configurable.  2. The GetEnabledControl API shows the configured parameters on an enabled control. 3. The new UpdateEnabledControl API can change parameters on an enabled control.",
+    "type": "api-change"
+  },
+  {
+    "category": "``efs``",
+    "description": "Update efs command to latest version",
+    "type": "api-change"
+  },
+  {
+    "category": "``fis``",
+    "description": "AWS FIS adds support for multi-account experiments & empty target resolution. This release also introduces the CreateTargetAccountConfiguration API that allows experiments across multiple AWS accounts, and the ListExperimentResolvedTargets API to list target details.",
+    "type": "api-change"
+  },
+  {
+    "category": "``glue``",
+    "description": "add observations support to DQ CodeGen config model + update document for connectiontypes supported by ConnectorData entities",
+    "type": "api-change"
+  },
+  {
+    "category": "``rds``",
+    "description": "Updates Amazon RDS documentation for support for RDS for Db2.",
+    "type": "api-change"
+  },
+  {
+    "category": "``securityhub``",
+    "description": "Adds and updates APIs to support central configuration. This feature allows the Security Hub delegated administrator to configure Security Hub for their entire AWS Org across multiple regions from a home Region. With this release, findings also include account name and application metadata.",
+    "type": "api-change"
+  },
+  {
+    "category": "``transcribe``",
+    "description": "This release adds support for AWS HealthScribe APIs within Amazon Transcribe",
+    "type": "api-change"
+  },
+  {
+    "category": "``endpoint-rules``",
+    "description": "Update endpoint-rules command to latest version",
+    "type": "api-change"
+  },
+  {
+    "category": "Versioning",
+    "description": "With the release of Botocore 1.33.0, Boto3 and Botocore will share the same version number.",
+    "type": "feature"
+  }
+]
\ No newline at end of file
diff --git a/CHANGELOG.rst b/CHANGELOG.rst
index 1c46011208f9..9f6053c65932 100644
--- a/CHANGELOG.rst
+++ b/CHANGELOG.rst
@@ -2,6 +2,23 @@
 CHANGELOG
 =========
 
+1.31.0
+======
+
+* api-change:``appsync``: This update enables introspection of Aurora cluster databases using the RDS Data API
+* api-change:``b2bi``: This is the initial SDK release for AWS B2B Data Interchange.
+* api-change:``backup``: AWS Backup now supports restore testing, a new feature that allows customers to automate restore testing and validating their backups. Additionally, this release adds support for EBS Snapshots Archive tier.
+* api-change:``controltower``: This release adds the following support: 1. The EnableControl API can configure controls that are configurable.  2. The GetEnabledControl API shows the configured parameters on an enabled control. 3. The new UpdateEnabledControl API can change parameters on an enabled control.
+* api-change:``efs``: Update efs command to latest version
+* api-change:``fis``: AWS FIS adds support for multi-account experiments & empty target resolution. This release also introduces the CreateTargetAccountConfiguration API that allows experiments across multiple AWS accounts, and the ListExperimentResolvedTargets API to list target details.
+* api-change:``glue``: add observations support to DQ CodeGen config model + update document for connectiontypes supported by ConnectorData entities
+* api-change:``rds``: Updates Amazon RDS documentation for support for RDS for Db2.
+* api-change:``securityhub``: Adds and updates APIs to support central configuration. This feature allows the Security Hub delegated administrator to configure Security Hub for their entire AWS Org across multiple regions from a home Region. With this release, findings also include account name and application metadata.
+* api-change:``transcribe``: This release adds support for AWS HealthScribe APIs within Amazon Transcribe
+* api-change:``endpoint-rules``: Update endpoint-rules command to latest version
+* feature:Versioning: With the release of Botocore 1.33.0, Boto3 and Botocore will share the same version number.
+
+
 1.30.7
 ======
 
diff --git a/awscli/__init__.py b/awscli/__init__.py
index 28a8ddae455d..54ea8164e49f 100644
--- a/awscli/__init__.py
+++ b/awscli/__init__.py
@@ -17,7 +17,7 @@
 """
 import os
 
-__version__ = '1.30.7'
+__version__ = '1.31.0'
 
 #
 # Get our data path to be added to botocore's search path
diff --git a/doc/source/conf.py b/doc/source/conf.py
index c9ec3735d0c4..a5ea89a88104 100644
--- a/doc/source/conf.py
+++ b/doc/source/conf.py
@@ -50,9 +50,9 @@
 # built documents.
 #
 # The short X.Y version.
-version = '1.30'
+version = '1.31'
 # The full version, including alpha/beta/rc tags.
-release = '1.30.7'
+release = '1.31.0'
 
 # The language for content autogenerated by Sphinx. Refer to documentation
 # for a list of supported languages.
diff --git a/setup.cfg b/setup.cfg
index 0838af2f98f8..fb6ef5feebb9 100644
--- a/setup.cfg
+++ b/setup.cfg
@@ -3,7 +3,7 @@ universal = 0
 
 [metadata]
 requires_dist =
-        botocore==1.32.7
+        botocore==1.33.0
         docutils>=0.10,<0.17
         s3transfer>=0.8.0,<0.9.0
         PyYAML>=3.10,<6.1
diff --git a/setup.py b/setup.py
index 30936383a614..2beb43cbe690 100644
--- a/setup.py
+++ b/setup.py
@@ -24,7 +24,7 @@ def find_version(*file_paths):
 
 
 install_requires = [
-    'botocore==1.32.7',
+    'botocore==1.33.0',
     'docutils>=0.10,<0.17',
     's3transfer>=0.8.0,<0.9.0',
     'PyYAML>=3.10,<6.1',