Languages in danger of extinction - A call for a Unesco Fund for Endangered Languages

A recent post in Unprofessional Translation reports on "a sad cultural and linguistic event: the death of Boa Sr. (the Sr. stands for Senior) [...,] the last fluent native speaker of Bo, a tribal language of the Andaman Islands off the east coast of India, and a link to a culture some 65,000 years old, one of the world’s oldest."

This is very sad indeed and surely what is gradually going to happen to the 2000 or so native, endogenic, African languages if no better strategy is devised to save them. UNESCO needs to come up with a more radical action plan to save endangered languages (clearly the bulk of the estimated 6000 or so languages of the world) from extinction. There needs be something like a UNESCO Fund for Endangered Languages (UNFEL). The fund will encourage mass translation from and into such languages as well as other language development and co-development initiatives. Does anybody find some sense in this idea?