diff --git a/docs/api/transformations.rst b/docs/api/transformations.rst
index c670c626..da3e3728 100644
--- a/docs/api/transformations.rst
+++ b/docs/api/transformations.rst
@@ -32,6 +32,7 @@ Transformations
     identity
     keep_params_nonnegative
     NonNegativeParamsState
+    normalize_by_update_norm
     OptState
     Params
     per_example_global_norm_clip
@@ -159,6 +160,8 @@ Transformations and states
 .. autofunction:: keep_params_nonnegative
 .. autoclass:: NonNegativeParamsState
 
+.. autofunction:: normalize_by_update_norm
+
 .. autofunction:: per_example_global_norm_clip
 .. autofunction:: per_example_layer_norm_clip
 
diff --git a/optax/__init__.py b/optax/__init__.py
index f0446937..9679775b 100644
--- a/optax/__init__.py
+++ b/optax/__init__.py
@@ -110,6 +110,7 @@
 from optax._src.transform import centralize
 from optax._src.transform import ema
 from optax._src.transform import EmaState
+from optax._src.transform import normalize_by_update_norm
 from optax._src.transform import scale
 from optax._src.transform import scale_by_adadelta
 from optax._src.transform import scale_by_adam
diff --git a/optax/_src/transform.py b/optax/_src/transform.py
index b8a5bbd1..8b85d940 100644
--- a/optax/_src/transform.py
+++ b/optax/_src/transform.py
@@ -1492,6 +1492,54 @@ def update_fn(
   return base.GradientTransformation(init_fn, update_fn)
 
 
+def normalize_by_update_norm(
+    scale_factor: float = 1.0, eps: float = 1e-6
+) -> base.GradientTransformation:
+  """Scale by the inverse of the update norm.
+
+  Examples:
+    >>> import optax
+    >>> import jax
+    >>> import jax.numpy as jnp
+    >>> def f(x): return jnp.sum(x ** 2)  # simple quadratic function
+    >>> solver = optax.normalize_by_update_norm(scale_factor=-1.0)
+    >>> params = jnp.array([1., 2., 3.])
+    >>> print('Objective function: ', f(params))
+    Objective function:  14.0
+    >>> opt_state = solver.init(params)
+    >>> for _ in range(5):
+    ...  grad = jax.grad(f)(params)
+    ...  updates, opt_state = solver.update(grad, opt_state, params)
+    ...  params = optax.apply_updates(params, updates)
+    ...  print('Objective function: {:.2E}'.format(f(params)))
+    Objective function:  14.0
+    Objective function: 7.52E+00
+    Objective function: 3.03E+00
+    Objective function: 5.50E-01
+    Objective function: 6.67E-02
+    Objective function: 5.50E-01
+
+  Args:
+    scale_factor: factor by which the update will be multiplied (defaults to 1).
+    eps: jitter term to avoid dividing by 0
+
+  Returns:
+    A `GradientTransformation` object.
+  """
+
+  def update_fn(
+      updates: base.Updates,
+      state: base.EmptyState,
+      params: Optional[base.Params] = None,
+  ) -> tuple[base.Updates, base.EmptyState]:
+    del params
+    g_norm = (otu.tree_l2_norm(updates) + eps) / scale_factor
+    updates = jtu.tree_map(lambda g: g / g_norm, updates)
+    return updates, state
+
+  return base.GradientTransformation(base.init_empty_state, update_fn)
+
+
 ### Legacy symbols to be removed. ###
 
 
diff --git a/optax/_src/transform_test.py b/optax/_src/transform_test.py
index a6e5d6fc..afac35ee 100644
--- a/optax/_src/transform_test.py
+++ b/optax/_src/transform_test.py
@@ -52,6 +52,7 @@ def setUp(self):
       ('param_block_norm', transform.scale_by_param_block_norm),
       ('param_block_rms', transform.scale_by_param_block_rms),
       ('distance_over_gradients', transform.scale_by_distance_over_gradients),
+      ('normalize_by_update_norm', transform.normalize_by_update_norm),
   ])
   def test_scalers(self, scaler_constr):
     params = self.init_params