Preheat oven to 350° Fahrenheit (176° Celsius).
In a large mixing bowl, combine the dry ingredients: flour, sugar, baking soda, baking powder, salt, cinnamon, nutmeg, ginger and cloves.
In a small mixing bowl, combine the wet ingredients: buttermilk, vanilla extract, and egg.
Combine the wet ingredients with the dry ingredients, and stir until just incorporated.
Fold in the grated carrots and the pecans.
Pour the batter into a lightly greased bread pan.
Bake for 55 to 60 minutes. If an inserted toothpick comes out clean, your bread should be done!
Allow the bread to cool in the pan on a wire rack for 10 minutes and then turn out onto a wire rack to finish cooling.
Spread with cream cheese frosting and enjoy!