diff --git a/Makefile b/Makefile
index 99ea4f8..4780ee0 100644
--- a/Makefile
+++ b/Makefile
@@ -117,7 +117,7 @@ PLATFORMS ?= linux_amd64
 
 # Tool Versions
 # ------------------
-UP_VERSION = v0.35.0
+UP_VERSION = v0.36.2
 UP_CHANNEL = stable
 CROSSPLANE_CLI_VERSION = v1.18.0
 CROSSPLANE_VERSION = v1.18.0-up.1