diff --git a/CHANGELOG.md b/CHANGELOG.md
index e808f085da..0c06ec7151 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -266,6 +266,7 @@ extension interfaces. `module.Manager.Modules` is now of type `map[string]interf
 
 ### Bug Fixes
 
+* [#14995](https://github.com/cosmos/cosmos-sdk/pull/14995) Allow unknown fields in `ParseTypedEvent`.
 * [#14952](https://github.com/cosmos/cosmos-sdk/pull/14952) Pin version of github.com/syndtr/goleveldb `v1.0.1-0.20210819022825-2ae1ddf74ef7` to avoid issues in the store.
 * (store) [#14931](https://github.com/cosmos/cosmos-sdk/pull/14931) Exclude in-memory KVStores, i.e. `StoreTypeMemory`, from CommitInfo commitments.
 * (types/coin) [#14715](https://github.com/cosmos/cosmos-sdk/pull/14715) `sdk.Coins.Add` now returns an empty set of coins `sdk.Coins{}` if both coins set are empty.
diff --git a/types/events.go b/types/events.go
index 3f4b279ac7..0ac28b0461 100644
--- a/types/events.go
+++ b/types/events.go
@@ -119,7 +119,7 @@ func TypedEventToEvent(tev proto.Message) (Event, error) {
 	}, nil
 }
 
-// ParseTypedEvent converts abci.Event back to typed event
+// ParseTypedEvent converts abci.Event back to a typed event.
 func ParseTypedEvent(event abci.Event) (proto.Message, error) {
 	concreteGoType := proto.MessageType(event.Type)
 	if concreteGoType == nil {
@@ -148,8 +148,8 @@ func ParseTypedEvent(event abci.Event) (proto.Message, error) {
 		return nil, err
 	}
 
-	err = jsonpb.Unmarshal(strings.NewReader(string(attrBytes)), protoMsg)
-	if err != nil {
+	unmarshaler := jsonpb.Unmarshaler{AllowUnknownFields: true}
+	if err := unmarshaler.Unmarshal(strings.NewReader(string(attrBytes)), protoMsg); err != nil {
 		return nil, err
 	}