diff --git a/CHANGELOG.md b/CHANGELOG.md
index fe9e6862..30d32703 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,16 @@
 # Changelog
 
+## [4.0.0](https://github.com/cloudquery/setup-cloudquery/compare/v3.0.18...v4.0.0) (2024-08-20)
+
+
+### ⚠ BREAKING CHANGES
+
+* update minimal Node.js version to 20 ([#560](https://github.com/cloudquery/setup-cloudquery/issues/560))
+
+### Miscellaneous Chores
+
+* update minimal Node.js version to 20 ([#560](https://github.com/cloudquery/setup-cloudquery/issues/560)) ([86178b2](https://github.com/cloudquery/setup-cloudquery/commit/86178b24637a7a8c403aa6ea2c96748900f249fe))
+
 ## [3.0.18](https://github.com/cloudquery/setup-cloudquery/compare/v3.0.17...v3.0.18) (2024-08-01)
 
 
diff --git a/action.yml b/action.yml
index 6ccecd09..52174022 100644
--- a/action.yml
+++ b/action.yml
@@ -6,7 +6,7 @@ inputs:
     description: 'CloudQuery CLI version to install'
     required: true
 runs:
-  using: 'node16'
+  using: 'node20'
   main: 'dist/index.js'
 branding:
   icon: 'cloud-snow'
diff --git a/example_configs/parallel.yml b/example_configs/parallel.yml
index ea714a89..d64d69f6 100644
--- a/example_configs/parallel.yml
+++ b/example_configs/parallel.yml
@@ -2,7 +2,7 @@ kind: source
 spec:
   name: 'aws-REGION_PLACEHOLDER'
   path: cloudquery/aws
-  version: 'v27.9.0' # latest version of aws plugin
+  version: 'v27.13.1' # latest version of aws plugin
   destinations: ['postgresql-REGION_PLACEHOLDER']
   tables: [aws_s3_buckets]
   skip_dependent_tables: true
@@ -14,6 +14,6 @@ kind: destination
 spec:
   name: 'postgresql-REGION_PLACEHOLDER'
   path: cloudquery/postgresql
-  version: 'v8.3.1' # latest version of postgresql plugin
+  version: 'v8.5.1' # latest version of postgresql plugin
   spec:
     connection_string: ${CQ_DSN} # The CQ_DSN environment variable will be set by GitHub Action workflow
diff --git a/example_configs/serial.yml b/example_configs/serial.yml
index 0097519f..39e73bff 100644
--- a/example_configs/serial.yml
+++ b/example_configs/serial.yml
@@ -2,7 +2,7 @@ kind: source
 spec:
   name: 'aws'
   path: 'cloudquery/aws'
-  version: 'v27.9.0' # latest version of aws plugin
+  version: 'v27.13.1' # latest version of aws plugin
   destinations: ['postgresql']
   tables: [aws_s3_buckets]
   skip_dependent_tables: true
@@ -11,6 +11,6 @@ kind: destination
 spec:
   name: 'postgresql'
   path: 'cloudquery/postgresql'
-  version: 'v8.3.1' # latest version of postgresql plugin
+  version: 'v8.5.1' # latest version of postgresql plugin
   spec:
     connection_string: 'postgresql://postgres:pass@localhost:5432/postgres?sslmode=disable'
diff --git a/package-lock.json b/package-lock.json
index 267960de..0cf5b969 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,12 +1,12 @@
 {
   "name": "@cloudquery/setup-cloudquery",
-  "version": "3.0.18",
+  "version": "4.0.0",
   "lockfileVersion": 2,
   "requires": true,
   "packages": {
     "": {
       "name": "@cloudquery/setup-cloudquery",
-      "version": "3.0.18",
+      "version": "4.0.0",
       "license": "MIT",
       "dependencies": {
         "@actions/core": "1.10.1",
diff --git a/package.json b/package.json
index 39caf89e..0f6a21bf 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@cloudquery/setup-cloudquery",
-  "version": "3.0.18",
+  "version": "4.0.0",
   "description": "Setup CloudQuery CLI in a GitHub action environment",
   "main": "dist/index.js",
   "type": "module",
@@ -33,7 +33,7 @@
     "semver": "7.6.3"
   },
   "engines": {
-    "node": ">=16.0.0"
+    "node": ">=20.0.0"
   },
   "devDependencies": {
     "@commitlint/cli": "19.3.0",
diff --git a/tsconfig.json b/tsconfig.json
index e79fe1a6..a62f9bc4 100644
--- a/tsconfig.json
+++ b/tsconfig.json
@@ -1,9 +1,9 @@
 {
   "compilerOptions": {
     "incremental": true,
-    "target": "es2019",
-    "module": "ESNext",
-    "moduleResolution": "node",
+    "target": "ES2022",
+    "module": "NodeNext",
+    "moduleResolution": "NodeNext",
     "allowJs": true,
     "declaration": false,
     "declarationMap": false,