diff --git a/scripts/init.sh b/scripts/init.sh
index cfa5d8bf67..5b3739c955 100755
--- a/scripts/init.sh
+++ b/scripts/init.sh
@@ -5,9 +5,9 @@ set -e
 echo "*** Initializing WASM build environment"
 
 if [ -z $CI_PROJECT_NAME ] ; then
-   rustup install nightly-2021-11-08
+   rustup install nightly-2022-01-08
    rustup update stable
 fi
-rustup target add wasm32-unknown-unknown --toolchain nightly-2021-11-08
+rustup target add wasm32-unknown-unknown --toolchain nightly-2022-01-08
 rustup target add wasm32-unknown-unknown --toolchain stable
-rustup override set nightly-2021-11-08 --path $BASEDIR/..
+rustup override set nightly-2022-01-08 --path $BASEDIR/..