A comprehensive and accurate directory of repositories is becoming increasingly important in the current scholarly communications landscape to support compliance with policy requirements and enable the development of value added services on top of repositories. An international repository directory (IRD) should be an authoritative source of information about repositories including types of platforms in use, scope of repository and allow tracking changes over time, support decision making, capacity building and strategic planning. Currently, due to a number of factors, existing directories are not comprehensive and can contain out-of-date information. In November 2019, COAR launched a task group, with two sub-groups, to help define the operational and governance aspects of an international repository directory. This report provides recommendations related to the operations, governance and funding of a financially stable, comprehensive, and community-governed IRD.