diff --git a/src/platform/libretro/libretro.c b/src/platform/libretro/libretro.c
index 66e650b72..3c5b278bb 100644
--- a/src/platform/libretro/libretro.c
+++ b/src/platform/libretro/libretro.c
@@ -288,6 +288,12 @@ static void _reloadSettings(void) {
 		mCoreConfigSetDefaultIntValue(&core->config, "sgb.borders", strcmp(var.value, "ON") == 0);
 	}
 
+	var.key = "mgba_gb_colors_preset";
+	var.value = 0;
+	if (environCallback(RETRO_ENVIRONMENT_GET_VARIABLE, &var) && var.value) {
+		mCoreConfigSetDefaultIntValue(&core->config, "gb.colors", strtol(var.value, NULL, 10));
+	}
+
 	_updateGbPal();
 #endif
 
diff --git a/src/platform/libretro/libretro_core_options.h b/src/platform/libretro/libretro_core_options.h
index ca1b6514e..dba9078a4 100644
--- a/src/platform/libretro/libretro_core_options.h
+++ b/src/platform/libretro/libretro_core_options.h
@@ -138,6 +138,22 @@ struct retro_core_option_v2_definition option_defs_us[] = {
       },
       "Grayscale"
    },
+   {
+      "mgba_gb_colors_preset",
+      "Hardware Preset Game Boy Palettes (Restart)",
+      NULL,
+      "Use the palettes for Game Boy games that have presets on the Game Boy Color or Super Game Boy.",
+      NULL,
+      "video",
+      {
+         { "0", "" },
+         { "1", "Game Boy Color presets only" },
+         { "2", "Super Game Boy presets only" },
+         { "3", "Any available presets" },
+         { NULL, NULL },
+      },
+      "ON"
+   },
    {
       "mgba_sgb_borders",
       "Use Super Game Boy Borders (Restart)",