We currently know that financial systems play a very important role in the economic growth of countries. But it can also play a role in sustainable development as will be analyzed in this work. Sustainable development is made up of 3 pillars: economic development, social development, and protection of the environment. It will be evaluated how the financial system, consisted of the banking sector and the stock market for this analysis, has or does not have a positive or negative impact on each pillar. Therefore, the purpose of this research is to find out if the Financial System meets or has the potential to help achieve the main objectives of Sustainable Development in emerging economies and developed economies, which is to end poverty, protect the planet and ensure that all people enjoy peace and prosperity. The objectives of this research are: 1) Define sustainable development and expo...