In this thesis, I analyze the impacts of the design and implementation of different environmental policy tools from a theoretical and empirical perspective: certificates providing information on the energy performance of buildings (chapter 1); urban road pricing schemes such as congestion charges (chapter 2); quantity-based policy tools to support production with non-polluting technologies (chapter 3).In chapter 1, co-authored with Luisa Dressler, we study how energy performance certificates (EPCs) impact the residential rental market. These certificates can help solve information asymmetries between landlords and tenants about the thermal quality of dwellings for rent, which, in turn, is expected to facilitate investment aimed at improving dwellings' energy performance. However, disclosure of EPCs is often incomplete, which hampers their effectiveness in relieving such information asymmetries. Moreover, even when a certificate is available, landlords do not always disclose it. This contradicts the so-called information unraveling result, according to which all landlords should disclose quality information unless it is costly to do so: in such a setting, information eventually unravels. Using a cross-sectional dataset of residential rental advertisements from the Belgian region of Brussels, we empirically evaluate incentives to disclose energy performance ratings. We find that two fundamental assumptions underlying the unraveling result are not confirmed in our setting: firstly, tenants value energy performance of rental property only when dwellings are of very high quality; secondly, tenants do not appear to rationally adjust their expectations when faced with dwellings that withhold their energy performance rating. Finally, we formulate specific policy advice for reforming EPC mechanisms to increase disclosure rates.In chapter 2, I study how urban congestion pricing impacts the use of sustainable mobility options such as bike sharing, presenting evidence from the city of Milan, Italy.As concern for air ...