U2 lead singer and anti-poverty activist Bono is cheering the oil revenue transparency provision tucked into the big Wall Street reform law, calling it the “kind of daylight that makes the cockroaches scurry” and urging adoption of similar rules elsewhere.

He's calling attention to the measure as the United Nations convenes a major development summit.

“I’m pleased to give you an update on an intervention that some of us thought of and fought for as critical: hidden somewhere in the Dodd-Frank financial reform bill (admit it ... you haven’t read it all either) there is a hugely significant ‘transparency’ amendment, added by Senators Richard Lugar and Benjamin Cardin. Now energy companies traded on American exchanges will have to reveal every payment they make to government officials. If money changes hands, it will happen in the open. This is the kind of daylight that makes the cockroaches scurry,” Bono wrote in a weekend New York Times op-ed.

Bono’s piece is about strategies for meeting global development targets, and it ran ahead of this week’s United Nations summit in New York City on the 2015 Millennium Development Goals.

Sens. Richard Lugar (R-Ind.) and Ben Cardin (D-Md.) won a measure in the Wall Street law approved months ago that forces many oil and mining companies to provide the Securities and Exchange Commission information on payments to foreign governments for production licenses and other aspects of energy and mineral projects.

Advocates of the disclosure — including Bono — say increased transparency of payments will help reverse the “resource curse” in which some energy- and mineral-rich nations in Africa and elsewhere are plagued by high levels of corruption, conflict and poverty.

Bono alleges that some multinational oil companies “knowingly participate in a system of backhanders and bribery that ends up cheating the host nation and turning what should be a resource blessing into a kind of curse of black-market cabals.”

Lugar and Cardin are happy about Bono’s praise; both flagged it Monday via Twitter.