Combine mugwort powder, almond flour, erythritol, and baking powder in a bowl and mix well.
Add eggs, unsweetened almond milk, and olive oil to make the batter.
Divide the batter evenly into a donut mold.
Bake in a preheated oven at 180°C for 20 minutes.
Once cooled, top each donut with kaya jam to finish.