Heat broth and pumpkin puree in a saucepan over med low heat until just simmering. Cover and keep warm over low heat.
4 cups bone broth, 1 cup pumpkin puree
Add bacon pieces to a dutch oven or a pot over medium heat. Cook stirring until browned and crisp, about 8-10 minutes.
5 oz bacon
Remove the bacon bits with slotted spoon and set aside. Reserve 1 tbsp of bacon grease in the pot and remove the rest.
Add onion and sauté for about 5 minutes, stirring in garlic at the last minute.
1 onion, 3 garlic cloves
Add rice, sage, thyme, salt and pepper. Stir to toast the rice for about 2 minutes.
1¼ cup arborio rice, 1 tbsp chopped sage, 1 tsp fresh thyme, 1/2 tsp sea salt, 1/4 tsp ground black pepper
Pour in a ladle of warmed pumpkin and broth mixture (about 1/2 cup) in the pot and stir cooking until the liquid has evaporated. Add another ladle of the broth and keep cooking until it evaporates again. Repeat this process until the rice is creamy and soft in texture with a bit of bite to it - about 25 minutes.
Stir in parmesan, coconut milk, and nutmeg. Taste to add more salt, if needed.
1/2 cup freshly grated parmesan, 1/4 cup coconut milk, 1/4 tsp nutmeg
Serve warm, garnished with bacon bits, more grated parmesan, and ground black pepper.