Set stovetop temp to medium high.
Add olive oil to a non-stick pot.
Add onion, bell pepper and carrots.
Cook for 5-6 minutes until the vegetables are softened and onions are slightly browned.
Add the garlic and jalapeño peppers and cook for about 1 minute or until the garlic smells fragrant.
Add the tomato paste.
Add the beans and tomatoes and mix with the vegetables.
Add the vegetable broth.
Add the seasonings.
Slightly increase the heat so that the chili comes to a boil.
Decrease the heat to medium low and allow the chili to simmer for 40-45 minutes.
Taste. Add more salt if needed.
Serve.
My recipe instructs you to cook the chili for 40-45 minutes however if you would like it to thicken, cook it for 15-20 additional minutes on medium-low temperature.