diff --git a/CMakeLists.txt b/CMakeLists.txt
index 6a905e80..c9ca8d81 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -412,7 +412,7 @@ if(CMAKE_C_COMPILER_ID MATCHES "Clang" OR CMAKE_C_COMPILER_ID STREQUAL "GNU")
 -Wno-long-long -Wno-format-extra-args -Wno-array-bounds")
 endif()
 
-set(LIBXML_MINOR_COMPAT 0)
+set(LIBXML_MINOR_COMPAT 14)
 math(EXPR LIBXML_SOVERSION "${LIBXML_MAJOR_VERSION} + ${LIBXML_MINOR_COMPAT}")
 set_target_properties(
     LibXml2
diff --git a/NEWS b/NEWS
index ef5c1be4..dce7855f 100644
--- a/NEWS
+++ b/NEWS
@@ -15,6 +15,9 @@ Support for RELAX NG can now be disabled with a new configuration
 option independently of XML Schemas support. It is still enabled by
 default.
 
+Binary compatibility is restricted to versions 2.14 or newer. On ELF
+systems, the soname was bumped from libxml2.so.2 to libxml2.so.16.
+
 ### New features
 
 Input callbacks can now be set on a parser context and an improved API
@@ -48,11 +51,13 @@ Support for the range and point extensions of the xpointer() scheme
 was removed. The rest of the XPointer implementation isn't affected.
 The xpointer() scheme now behaves like the xpath1() scheme.
 
-Several legacy functions were removed from the header files.
+Several legacy symbols and the functions in xmlunicode.h were removed.
 
 The shell was moved from libxml2 to xmllint. Several related functions
 are no longer available.
 
+ELF version information was removed.
+
 ### Planned removals
 
 Support for HTTP is planned to be removed in the 2.15 release.
diff --git a/configure.ac b/configure.ac
index cb1aa6b5..2b0e038d 100644
--- a/configure.ac
+++ b/configure.ac
@@ -17,7 +17,7 @@ LIBXML_MICRO_VERSION=`echo $LIBXML_VERSION | cut -d . -f 3`
 LIBXML_MICRO_VERSION_SUFFIX=
 
 # The oldest minor version we are compatible with.
-LIBXML_MINOR_COMPAT=0
+LIBXML_MINOR_COMPAT=14
 LIBXML_CURRENT=`expr $LIBXML_MAJOR_VERSION + $LIBXML_MINOR_VERSION`
 LIBXML_AGE=`expr $LIBXML_MINOR_VERSION - $LIBXML_MINOR_COMPAT`
 LIBXML_VERSION_INFO=$LIBXML_CURRENT:$LIBXML_MICRO_VERSION:$LIBXML_AGE
diff --git a/meson.build b/meson.build
index b55699db..01dc2514 100644
--- a/meson.build
+++ b/meson.build
@@ -481,7 +481,7 @@ foreach file : xml_opt_src
     endif
 endforeach
 
-v_min_compat = 0
+v_min_compat = 14
 xml_lib = library(
     'xml2',
     files(xml_src),