Cross-shore flows exchange water laterally in lakes, with ecological implications for the ecosystem. One example is the convective circulation induced by differential cooling, also known as the thermal siphon. This lateral flow forms when the sloping sides of lakes experience surface cooling. Shallow areas cool faster, which generates lateral density gradients and drives a cold downslope gravity current and an onshore surface flow. The role of this two-layer-circulation in lateral exchange in lakes is poorly understood, due to the lack of long-term and high-resolution measurements of thermal siphons. This thesis aims at filling this gap by investigating the occurrence and dynamics of thermal siphons from extensive in situ observations in a wind-sheltered Swiss lake (Rotsee). We first quantified the seasonality of thermal siphons from one-year-long observations in Rotsee. Thermal siphons occurred on a daily basis from late summer to winter and flushed the littoral region in ~ 10 h. Their duration increased but their intensity decreased over the same period. We linked this seasonality to the change in forcing conditions by testing scaling relationships from theoretical and laboratory-based studies. We then focused on the short-term temporal variability of the transport by quantifying the dynamics of thermal siphons over a diurnal cycle and their interaction with convective plumes. Our results reveal that convective plumes penetrated into the gravity current at night and eroded its upper interface. This vertical mixing generated vertical interface fluctuations and reduced the lateral transport at night. The maximal transport was delayed to daylight conditions when radiative heating weakened penetrative convection. After having quantified the physical water transport, we assessed the role of thermal siphons in the lateral exchange of dissolved gases. We found that both branches of the circulation were capable of transporting gases laterally. The downslope current brought littoral gases to the base of the mixed layer in the stratified region whereas the surface flow transported gases towards the shore. We quantified this exchange for oxygen and methane. Finally, we generalized our observations to other lakes with different bathymetry and forcing conditions. The frequent occurrence of thermal siphons observed in six lakes confirmed that this lateral transport process is ubiquitous in lakes with shallow littoral regions. We showed that our results from Rotsee were applicable to other systems, where the same scaling relationships predicted the formation and intensity of thermal siphons. Based on these results, we proposed a procedure to predict the contribution of thermal siphons for lateral transport in any lake. This thesis provides a comprehensive understanding of the formation and dynamics of thermal siphons and paves the route for integrating this lateral transport process in lake ecosystem research.