Preheat your oven to 350°F (175°C). Grease and flour a 9x5 inch loaf pan or line it with parchment paper.
In a large mixing bowl, combine the pumpkin puree, applesauce, brown sugar, granulated sugar, vegetable oil, eggs, and vanilla extract. Whisk until the mixture is smooth and creamy.
In a separate bowl, sift together the all-purpose flour, baking soda, baking powder, ground cinnamon, nutmeg, ginger, and salt.
Gradually add the dry ingredients to the wet mixture, folding gently with a spatula until just combined. Be careful not to overmix.
Gently fold in the semi-sweet chocolate chips until evenly distributed throughout the batter.
Pour the batter into the prepared loaf pan, smoothing the top with a spatula.
Bake in the preheated oven for 55-60 minutes, or until a toothpick inserted into the center comes out clean.
Allow the bread to cool in the pan for about 10 minutes, then transfer it to a wire rack to cool completely.
Notes
Slice the bread and serve on a wooden board with a dusting of powdered sugar on top. You can add a few chocolate chips and a small dollop of whipped cream on the side for an elegant touch.