Creating your delicious Pumpkin Chili is simple. Follow these steps for a fantastic dish:

1. Heat the Oil: In a large pot, heat the olive oil over medium heat.
2. Sauté Vegetables: Add the chopped onion and bell pepper. Sauté until softened, about 5 minutes. Stir in the minced garlic and cook for an additional minute.
3. Add Carrots: Stir in the chopped carrots and cook for another 3-4 minutes until they start to soften.
4. Mix in Pumpkin: Add the pumpkin puree to the pot. Stir well to combine with the vegetables.
5. Add Beans and Tomatoes: Pour in the black beans, kidney beans, and diced tomatoes with their juices. Mix everything together.
6. Pour in Broth: Add the vegetable broth and stir until combined.
7. Season the Chili: Sprinkle in the chili powder, cumin, smoked paprika, cayenne pepper (if using), salt, and pepper. Stir well.
8. Simmer: Bring the mixture to a boil, then reduce the heat to low. Let it simmer for 30 minutes, stirring occasionally.
9. Taste and Adjust: After simmering, taste the chili and adjust seasoning as needed.
10. Garnish and Serve: Once done, ladle the chili into bowls. Garnish with fresh cilantro and a dollop of sour cream or yogurt if desired.

These steps will guide you in creating a delightful Pumpkin Chili that is not only hearty but also bursting with flavor.