In 2017, the European Union launched a major initiative under its Horizon 2020 program to understand and promote circular business models in a variety of sectors. The initiative involves the creation of the R2Pi project comprised of fifteen international organizations from nine countries involved in business planning, environmental sustainability, finance, and regulation to develop eighteen case studies in textiles, electronics, building, food, and water. Because of Israel’s success with the water sector and the sector’s important within the EU based on it being a strategic and significant economic asset, the research team has described how Israel’s water economy works and how it encompasses features of a “circular” business model, as well as what lessons can be applied to others, globally.